David Brock’s Media Matters for America appears to be granting hundreds of thousands of dollars in charitable funds to political groups that are trying to impeach the president and unseat Republicans across the nation.
Brock’s Media Matters for America is a registered 501(c)3 non-profit organization that has tax-exempt status. That tax-exempt status comes with an important caveat: the non-profit is barred from participating in political activity–funding or otherwise–that is in support or opposition to a candidate for office.
Media Matters for America granted $200,000 in 2016 to a Brock organization, though it is unclear if it was American Bridge 21st Century Foundation or a super PAC sharing its name, American Bridge 21st Century PAC, according to the non-profit’s 2016 financial statements and filings with the IRS obtained by The Daily Caller News Foundation.
Both organizations have a history of engaging in political behavior, as TheDCNF exclusively reported in October. Brock’s organizations face a Federal Election Commission complaint detailing an alleged scheme to hide donor identities involving both the foundation and super PAC that allowed for the funneling of untraceable millions that can not be publicly traced to their donors toward initiatives against conservative and GOP causes around the nation.
Under the IRS code, all 501(c)3 non-profit organizations “are absolutely prohibited from directly or indirectly participating in, or intervening in, any political campaign on behalf of (or in opposition to) any candidate for elective public office.”
If Media Matters is using money it receives in charitable donations to fund political activities directly impacting a candidate for office, the Internal Revenue Service (IRS) would then have legal grounds for revoking the non-profits’ tax-exempt status.
dailycaller.com
