The Knights of Columbus is chartered as a fraternal benefit society, and is set up as a 501(c)8 corporation. They are tax exempt. Somehow they gave $1,425,000 to fight same-sex marriage in California. The donation was to a group called "YES on PROP 8". The group is a PAC "Political Action Committee".
How is giving $1,425,000.00 to PAC fraternal?
Are they going to pay taxes for the $1,425,000.00?
The IRS bans this type of activity (see link)
www.irs.gov/pub/irs-tege/eotopicf04.pdf
Sunday, November 16, 2008
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