Copyrighted Image? DMCA | The Americans for Prosperity Foundation, a 501(c)(3) tax-exempt "charitable organization" is in the midst of a $700,000 campaign aimed at supporting embattled Gov. Scott Walker (R-WI) in his upcoming recall election. By not explicitly naming Walker in the ads touting his reforms, they may be narrowly avoiding a federal law that says (c)(3) organizations may "not participate in any campaign activity for or against political candidates." In 2010, Americans for Prosperity, the group's affiliated 501(c)(4) tax-exempt "social welfare" organization spent more than $1.3 million on electioneering. When the group told the IRS in its annual disclosure that it does not engage in political activity, tax experts questioned whether the group was complying with the laws governing nonprofits. Charles and David Koch are major funders of Americans for Prosperity. |
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At thinkprogress.org
At thinkprogress.org
