Huckabee super donor's Jesus Fund keeps recipients of $26 million secret - 2015-08-28
The Arkansas man who dropped $3 million into the super PAC supporting Mike Huckabee's bid for the Republican presidential nomination for years handed out millions of dollars to a secret list of public charities through a pass-through private foundation called The Jesus Fund, tax forms filed by the foundation show. The Fund's activity may violate federal tax law, according to an expert who reviewed the forms for OpenSecrets Blog.
From 2006 until 2013, Ronald Cameron, CEO of the poultry company Mountaire Corp., used The Jesus Fund to funnel at least $26.2 million to "various public charities" without disclosing exactly which organizations received the funds, contrary to legal requirements. OpenSecrets Blog examined six years of tax forms submitted to the Internal Revenue Service.
Both Cameron and Mountaire gave to the entity, which had $43.5 million in assets by the end of 2013. In the six years, the Jesus Fund received $15.25 million from Mountaire and more than $10 million from Cameron himself, according to the documents. The Fund paid some fees and tax expenses, but the contributions to mystery organizations made up more than 92 percent of the Fund's total disbursements.