« Reply #65 on: February 22, 2023, 12:10:01 am »
Project Veritas claimed James O’Keefe risked group’s nonprofit statushttps://www.washingtonpost.com/politics/2023/02/21/james-okeefe-project-veritas-irs-nonprofit/James O’Keefe’s departure from Project Veritas, the right-wing organization known for conducting undercover sting operations, came after the board of directors claimed to staff that O’Keefe had endangered the group’s nonprofit status, according to documents and people familiar with the situation.
In a memo sent to employees last week, the board warned, “THERE IS NO PROJECT VERITAS WITHOUT THE IRS,” referring to the Internal Revenue Service, which regulates nonprofits.
Project Veritas is registered under section 501(c)3 of the Internal Revenue Code, meaning it cannot engage in politics or operate for the benefit of private interests. In exchange, the group is exempt from paying federal income taxes and disclosing its donors, allowing it to build a reservoir of financial support as it seeks to expose alleged wrongdoing by journalists, liberals, labor unions and others. Project Veritas reported raising about $21 million in 2021, the most recent year for which a public filing is available.
“Donors donate to our organization in part because of the Tax Deduction available to the donor,” the board members wrote in the memo, which was obtained by The Washington Post. If the tax deduction were no longer available, the board members warned, “the organization folds, and with it go our employees.”
O’Keefe, who exited the organization on Monday after a standoff with the board, did not respond to requests for comment.
The memo declared that board members moved earlier this month to suspend him because of concerns related to the organization’s bylaws and, by extension, its good standing with the IRS. It stated that O’Keefe’s attempt to fire the group’s chief financial officer, Tom O’Hara, was in violation of Project Veritas bylaws, which spell out that, “Any officer elected or appointed by the Board of Directors may be removed by the Board of Directors with or without cause.”
Excerpt.
Then what's the point of PV? And how many liberal 501c3's engage in partisan behavior?
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aka "nasty degenerate SOB," "worst of the worst at Free Republic," "Garbage Troll," "Neocon Warmonger," "Filthy Piece of Trash," "damn $#%$#@!," "Silly f'er," "POS," "war pig," "neocon scumbag," "insignificant little ankle nipper," "@ss-clown," "neocuck," "termite," "Uniparty Deep stater," "Never Trump sack of dog feces," "avid Bidenista," "filthy Ukrainian," "war whore," "fricking chump," psychopathic POS, and depraved SOB.
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