Conservative Brief by Jon Dougherty February 18, 2023
More than a half-million dollars appears to be missing from the New Georgia Project, a charity linked to two-time Georgia Democratic gubernatorial candidate Stacey Abrams, leading experts to claim that is grounds for federal and state investigators to probe the discrepancy.
According to the Washington Free Beacon, in January, the New Georgia Project submitted its 2021 Form 990 financial disclosure to the IRS, two months after the due date, and three months after Nse Ufot, the CEO hand-picked by Abrams, was fired by the charity’s board chairman.
The financial disclosure revealed a $533,846 consulting payment and a $67,500 grant to the Black Male Initiative, an obscure charity partially run by Ufot’s brother, Edima, who was a former employee of the New Georgia Project. However, the Black Male Initiative has denied receiving any consulting payment and provided the outlet with its IRS financial disclosures, showing no income from consulting and only $255,000 in contributions from all sources in 2021.
The missing money has raised ethical concerns, adding to the challenges facing the troubled charity. Earlier in November, the Free Beacon reported that the New Georgia Project was in turmoil as former senior staff accused the leadership of engaging in widespread financial misconduct. Furthermore, Georgia’s state ethics commission has alleged that the group unlawfully worked to elect Abrams during her unsuccessful 2018 gubernatorial campaign against current Gov. Brian Kemp, a Republican.
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