The Hope Florida Foundation is under investigation after diverting $10 million from a settlement with the state’s largest Medicaid contractor to a pair of nonprofits that then gave millions to a political committee. Now, the charity’s tax-exempt status could be jeopardized..
“The classic defense for these organizations is that if they give to somebody else and they use it for lobbying, then all of a sudden they’ve kind of had their hands washed,” Nathan Goldman, Poole professor of accounting, said in an interview. “But that’s why this rule’s in place, because it’s putting the burden on the original organization, that you need to understand where that money’s going to.”
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