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https://www.washingtonexaminer.com/policy/economy/irs-must-reel-in-blm- fraud-and-other-illicit-charities-lawmaker-warns

EXCLUSIVE — The IRS must enact reforms to stop the rampant corruption in
the charitable sector happening under its watch, Texas Rep. Lance Gooden
urged commissioner Charles Rettig in a letter Tuesday.

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.

“I am deeply disturbed by the rampant corruption occurring in the
nonprofit sector," Gooden, a Republican, told the Washington Examiner. "Congress and the IRS must investigate Russian donations, donor funded mansions, and fraud within these groups. Organizations like Black Lives
Matter must be transparent with their donors and the American people, or
their tax-exempt status should be revoked."

BLM PURCHASED $6 MILLION LOS ANGELES MANSION WITH DONOR MONEY: REPORT

Gooden's letter was sent one day after it was revealed that the Black
Lives Matter Global Network Foundation, the charity that represents the national BLM movement, purchased a $6 million mansion in Los Angeles with
donor cash in October 2020 and then maneuvered to keep the purchase a
secret by transferring the property's deed to an LLC.

The news came over two months after BLM shut down its fundraising
operations after receiving legal threats from California and other liberal states over its failure to report what it did with its $90 million
windfall from 2020. While BLM pulled an accounting maneuver to give it
until mid-May to report what it did with its 2020 finances, the group's fundraising streams remain closed.

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 IRS's failure to ensure compliance has created an environment where tax-exempt organizations continuously fail to disclose relevant
information and raise concerns about the illicit financial activity,"
Gooden said.

The lawmaker also requested the IRS improve transparency surrounding
fiscal sponsorship arrangements.

Some charities such as the Tides Foundation sponsor dozens of smaller organizations at any given time, an arrangement that allows the sponsored
group essentially to borrow its charitable status. But it's impossible to review the finances of any given fiscal sponsor because Tides reports the financial activities of all its sponsored organizations as one lump sum in
its Form 990 returns.

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.

Gooden also requested the IRS change the Form 990 tax return to require charities to report the names of their foreign donors. He also requested
the agency require charities to report more information on their equity investments.

"It is critical that we maintain the public’s trust in tax-exempt
organizations and prohibit activities that are not part of their
charitable mission," Gooden said. "Proper oversight of these organizations
is a tremendous benefit to the American people, and I hope you will
consider improving oversight and ensuring compliance."

The IRS did not return a request for comment.

https://www.scribd.com/document/568184555/Letter-to-IRS-on-Form-990- Compliance#download&from_embed

https://www.washingtonexaminer.com/policy/economy/irs-must-reel-in-blm- fraud-and-other-illicit-charities-lawmaker-warns

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Officially made Nancy Pelosi a two-time impeachment loser.

Donald J. Trump, cheated out of a second term by fraudulent "mail-in"
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Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
fiasco, President Trump.

Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
queer liberal democrat donors.

President Trump boosted the economy, reduced illegal invasions, appointed dozens of judges and three SCOTUS justices.

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