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Maraya1969

(22,441 posts)
Mon Nov 2, 2015, 05:09 PM Nov 2015

Private foundation The Jesus fund super PAC gave 93% of its donations to secret entities

Huckabee super donor’s Jesus Fund keeps recipients of $26 million secret

The Arkansas man who dropped $3 million into the super PAC supporting Mike Huckabee‘s bid for the Republican presidential nomination for years handed out millions of dollars to a secret list of public charities through a pass-through private foundation called The Jesus Fund, tax forms filed by the foundation show. The Fund’s activity may violate federal tax law, according to an expert who reviewed the forms for OpenSecrets Blog.

From 2006 until 2013, Ronald Cameron, CEO of the poultry company Mountaire Corp., used The Jesus Fund to funnel at least $26.2 million to “various public charities” without disclosing exactly which organizations received the funds, contrary to legal requirements.

OpenSecrets Blog examined six years of tax forms submitted to the Internal Revenue Service.
Both Cameron and Mountaire gave to the entity, which had $43.5 million in assets by the end of 2013. In the six years, the Jesus Fund received $15.25 million from Mountaire and more than $10 million from Cameron himself, according to the documents. The Fund paid some fees and tax expenses, but the contributions to mystery organizations made up more than 92 percent of the Fund’s total disbursements.
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Private foundation The Jesus fund super PAC gave 93% of its donations to secret entities (Original Post) Maraya1969 Nov 2015 OP
We should probably be thankful most of them are grifters. hunter Nov 2015 #1
Federal tax law? KamaAina Nov 2015 #2
I'm betting most went to organizations that were not at all charitable... joeybee12 Nov 2015 #3
I believe we have a statement from the founder: NuclearDem Nov 2015 #4
The mere fact that there is something called "The Jesus Fund" hifiguy Nov 2015 #5

hunter

(38,264 posts)
1. We should probably be thankful most of them are grifters.
Mon Nov 2, 2015, 05:16 PM
Nov 2015

But no, horrors, I don't ever want to see what goes on when they get naked.

 

joeybee12

(56,177 posts)
3. I'm betting most went to organizations that were not at all charitable...
Mon Nov 2, 2015, 05:49 PM
Nov 2015

probably not even registered as charities.

 

hifiguy

(33,688 posts)
5. The mere fact that there is something called "The Jesus Fund"
Mon Nov 2, 2015, 06:23 PM
Nov 2015

and that it is allowed to be involved in electoral politics summarizes in one sentence so much of what is wrong with this country.

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