EXCLUSIVE: Texas Rep. Lancegooden urged the IRS to enact reforms to stop 'rampant corruption' in the charitable sector happening under its watch.
The national Black Lives Matter group's refusal to answer basic questions about its finances while dropping millions on luxurious mansions, charitable organizations intentionally downplaying the risks of opioid addiction, and anti-fossil fuel nonprofit groups raking in foreign cash while working to undermine national security are among the bad actors in the charitable space Gooden highlighted in his letter.
Gooden said charities such as BLM feel they can operate with impunity because the IRS rarely imposes penalties for not filing their Form 990 tax returns on time. The lawmaker also requested the IRS improve transparency surrounding fiscal sponsorship arrangements. BLM was fiscally sponsored by the California charity Thousand Currents from 2016 through July 2020. The group shifted its sponsorship to the Tides Foundation in July 2020, until it was granted the ability to operate as an independent charity by the IRS in December 2020.
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