The nonprofit organization that was the largest investor in the failed solar company Solyndra contributes only a small portion of its assets toward community work, raising ?serious questions? about its charitable tax status, according to Senate investigators.
Sen. Charles Grassley (R-Iowa) urged federal officials Tuesday to tighten loopholes that he said allow the George Kaiser Family Foundation and similar organizations to sidestep the payout requirements governing most public foundations.
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Source: http://feeds.washingtonpost.com/click.phdo?i=a796886bbdc441527cf57b2495f3921a
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