OT, but Republican Senate campaign related:
In a nutshell: Corky Messner is running for the Senate in New Hampshire as a Republican. He claims to have a charity to help “inner city students”. However, after putting $100,000 of his own money into his ‘charity’, it did nothing for several years - until it spent about half it’s assets to pay for a ball field at his sons’ school. He later auctioned off a Jeep to raise more money for his charity and, since then, has helped only a single student with their education.
But he loves talking about his charity at campaign events.
The IRS requires charities to spend at least 4% of their assets per year on charity, or pay a penalty of approximately 30% of those assets. Mr. Massey’s charity has done neither for many years.