Larry Elder's private charity was a bust, and questions swirl over where the money went

[Demovictory9]

https://www.latimes.com/california/story/2021-08-27/before-california-recall-larry-elder-charity-failed


But the conservative radio host’s own nonprofit raised little cash and made no grants in the nearly two decades it was active, a Times review of its annual tax filings show.

From 1998 through 2014, Larry Elder Charities Inc. raised about $20,000, according to public tax filings. It spent no money on any services, other than accounting, legal and filing fees to keep the organization in good standing. The organization has been suspended by the state since 2015 for failing to pay a filing fee, according to a spokesperson with the Franchise Tax Board.

The IRS automatically revoked the charity’s tax-exempt status in 2018, three years after it stopped filing the required paperwork, according to IRS records.


--------------------

The nonprofit’s last tax filing showed just under $15,000 in remaining funds, and charity experts said Elder is ethically obliged to disclose what happened to the money. The organization’s articles of incorporation promised to distribute the funds to other charities and nonprofits should it shut down.

https://www.latimes.com/california/story/2021-08-27/before-california-recall-larry-elder-charity-failed

[PSPS]

1. Questions? Don't be silly. He's a republican. The money "went" into in his pocket.

[NJCher]

2. Seems Larry is inclined to swings

“I wanna be a philanthropist!”

“Ooops , no I don’t! I wanna be a talk show host!”

Wheeeee!

“Never mind, I wanna’ be governor!”

[OnDoutside]

3. 15k ? Seriously ? Trump has packed away millions and is still not

in jail.

[Cicada]

6. We need to protect Larry Elder. He is great for democrats.

I want Larry Elder to stay in Republican politics. We Dems need opponents like him.

[Demovictory9]

12. Lol..yeah..i hope he runs for.gov

[harumph]

7. As much as Elder sucks - this doesn't sound like anything.

20,000? That's not much raised - and if that was truly the extent of it - could have
been absorbed in business expenses easily. Sounds like he wanted to start something
but it never got off the ground for whatever reason. Lots of charities fail.

[Mysterian]

9. Yeah, let's overlook stealing $15,000

The records have been examined and $15,000 was not "absorbed in business expenses."

Nice of you to show up to defend criminal activity. Do you feel the same about shoplifting and grand larceny?

[Demovictory9]

13. His position is there shpuld be no govt help

Let private charity step in. This shows he couldnt do it

[tanyev]

8. Probably the name says it all.

The beneficiary of the charity is Larry Elder.

[durablend]

11. Grifters gotta grift