Saturday, January 3, 2026

WALTER CURT: NGOs take federal money. Those NGOs spin up LLCs they fully own. Those LLCs then donate directly into political campaigns. A 501(c)(3) can’t donate to campaigns, everyone knows that, but a 501(c)(3) can own unlimited LLCs. Those LLCs are “disregarded entities”, tax-exempt, 'mission-aligned', and free to donate.

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