Monday, January 28, 2013

Despite IRS limit, nonprofit is political force


An innocuously named nonprofit, the Iowa-based American Future Fund, spent more than $29 million on political ads in 2012 despite IRS rules that state that tax-exempt organizations cannot make influencing elections their primary purpose. An innocuously named nonprofit, the Iowa-based American Future Fund, spent more than $29 million on political ads in 2012 despite IRS rules that state that tax-exempt organizations cannot make influencing elections their primary purpose.



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