Project Veritas CEO Ousted By Board Of Directors
James O’Keefe, founder and CEO of the conservative organization Project Veritas has been ousted by the group’s board of directors, according to reporting from The Washington Post and other outlets. O’Keefe was ousted on concerns that his antics threatened the organization’s IRS 501(c)3 tax-deductible status, according to a memo released by the board. O’Keefe alleges that he was unfairly ousted in what, according to reports, might be a power struggle within the organization. Regardless, O’Keefe has been called “cruel” by some former employees and has been alleged to spend money in lavish ways that threaten the organization’s longevity. Project Veritas is known for its aggressive “sting operation” videos against targets—usually progressive, liberal, or otherwise mainstream organizations, campaigns, or media outlets. The organization’s 501(c)3 status prohibits political operations or the use of operational expenses for private benefit. Project Veritas raised $21 million in donations according to its most recent filing. O’Keefe allegedly spent $14,000 on a private chartered flight and upwards of $150,000 for private drivers over the previous 18 months in a letter released by the board.
Mormon church, affiliated nonprofit to pay $5 million to settle SEC charges alleging disclosure failures | CNBC Former FTX Executive’s Charity Generated Profits From Employee Token Prices | WSJ A Christian Ministry Promised An Obamacare Alternative. The FBI Says Its Leaders Pocketed $4 Million And Left …| Forbes How Sean Penn’s Charity CORE Became a Money Mess | Bloomberg.com
Podcast: Play in new window | Download
NonprofitNewsfeed.com Summary of hundreds of news sources.