Many of them do. But the very qualities that make these institutions worthy of the public's trust can also make them appealing to those who endeavor to exploit them. At President Trump's direction, Treasury is expanding its efforts to identify organizations that abuse charitable and nonprofit structures as vehicles for illicit finance. We are examining where tax exempt status has been exploited, where charitable entities have become financial conduits for foreign influence activity, and how those entrusted with stewardship of these organizations have instead enabled violence. (05:29–05:42)
CLAIM
Asserts that the Treasury is expanding efforts to identify misuse of charitable structures for illicit finance.
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