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Direct the IRS to research so-called nonprofit faculties which might be violating the statutory requirements for nonprofits: Many so-known as nonprofit faculties – including constitution faculties – function alongside intently held, for-profit service suppliers. Others are run by for-profit companies that siphon off profits from students and taxpayers. The IRS should examine the nonprofit standing of those faculties and refer instances to the Tax Fraud Division of the Department of Justice when applicable. I would also apply my plan’s ban on for-profit charter schools to any of these so-referred to as nonprofitâ€ faculties that actually serve for-profit interests And my plan would ban self-dealing in nonprofit faculties to forestall founders and directors from funneling sources to service suppliers owned or managed by their family members.
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