Watch a livestream the House oversight subcommittee on government operations hearing on the Clinton Foundation. The hearing is scheduled to take place at 2:00 p.m. ET.
The hearing, titled, Oversight of Nonprofit Organizations: A Case Study on the Clinton Foundation will feature the following speakers: Tom Fitton, President of Judicial Watch, Phillip Hackney, Associate Professor of Law at University of Pittsburgh, Lawrence W. Doyle, Managing Partner at DM Income Advisors and John F. Moynihan, Principal at JFM and Associates.
- To discuss the management of 501(c)(3) nonprofit organizations and how the designation impacts the programs and activities a nonprofit is allowed to conduct.
- 501(c)(3) organizations are not permitted to be organized or operated for the benefit of any private individual and are only permitted to engage in minimal political activity. When a nonprofit organization violates these terms, defrauds contributors, or engages in impermissible political activity, the IRS may revoke its tax exempt status.