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Senate Judiciary Committee Chairman Chuck Grassley (R-IA) sent letters to three major left-of-center philanthropies on Tuesday questioning their compliance with tax regulations in light of their grants to Chinese government entities, as reported by the Washington Examiner.Grassley is investigating the Gates Foundation, Rockefeller Brothers Fund, and Ford Foundation, citing reports from the Washington Examiner that the trio of nonprofit organizations have provided funding to Chinese government agencies, state-run universities, and even efforts to support China’s Belt and Road strategy — a global infrastructure investment program that observers argue empowers the Chinese Communist Party to leverage debt against developing countries to extract political concessions. The letters question how the liberal charities are meeting the legal requirements for tax exemption, given that the IRS states that “direct grants to foreign governments do not serve [Internal Revenue Code] 501(c)(3) purposes.” ...
We provide financial and technical support to our Chinese partners and build bridges to international cooperation to help them accelerate product, technology, and systems innovation in health, agricultural development, and poverty reduction. We also create broad new partnerships to ensure that these innovations reach vulnerable populations across China and around the world as quickly as possible. Together, we have witnessed the tremendous impact that can be made when life-saving innovations reach everyone.We are committed to long-term collaboration with our Chinese partners, and we believe that China has a crucial role to play in achieving our shared goal of building a fairer and healthier world.
