Wednesday, 30 May 2018

Private Charitable Foundations Give Lavish Rewards to Insiders

Officers and directors, whose job is to safeguard charities’ funds, can receive a chunk of the money by claiming exemptions from a law designed to protect the assets. More than 1,800 foundations checked boxes on their fiscal 2016 tax filings indicating they engaged in business activities with insiders.

from WSJ.com: US Business https://ift.tt/2IVIe0i

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