Guess what. Karfunkel, it turns out, is the *president* and *CFO* of this low-profile synagogue. So he got a mega-tax deduction by transferring his Kodak shares--when the value was pumped up--to a new charity that he runs. See the UPDATE based on WSJ reporting.
From the Congregation Chemdas Yisroel charity registration filing. This billionaire "donated" stock worth up to $180m to the low-profile synagogue he runs, which doesn't seem to do all that much. He and the two other officers refused to answer my questions about it. I wonder why. Image
By the way, as I reported, Karfunkel has at least two long-standing foundations that support synagogues. They file IRS 990 tax returns. Why didn't he donate this stock to one of those? Congregation Chemdas Yisroel, per all religious charities, does not have to file a 990.
By the way, the size of this “gift” worth up to $180m from Karfunkel to a small low-profile synagogue that he runs is, one person familiar with Jewish philanthropy tells me, “bonkers.” It’s about 1000x the size of his foundation’s usual donation & unheard of in the community.

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with David Corn

David Corn Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @DavidCornDC

10 Jun
Remember the video I found of a Stop the Steal organizer who called for the "execution" of Trump's foes? He was just indicted on a conspiracy charge related to the 1/6 attack on the US Capitol. 1/4…
Here's the indictment.… 2/4
The indictment against Hostetter notes that he advocated violence against those who supported the 2020 election results and cites the speech I reported. 3/4
Read 5 tweets
20 Jan
Good morning from the US Capitol.

A beautiful cold day. With thousands of troops.
From beneath the podium where Joe Biden will become president.
Setting socially distanced seats for the VIPs.
Read 7 tweets
18 Jan
I was at the US Capitol this morning to get a COVID test—mandatory for journalists covering the inauguration. It’s a militarized zone. This is what Trump has done to America. 1/7
Troops guarding the citadel of democracy from militant extremists radicalized by Trump and his lies. 2/7
Handing out ammo on Capitol Hill 3/7
Read 7 tweets
4 Jan
With the GA Senate races coming to a close, here's a thread recapping my reporting on @kloeffler & her conflicts/questionable business dealings. First the stories, then a breakdown. Please share. #GAsen 1/4………
.@KLoeffler was a top exec at Intercontinental Exchange (ICE) & owned a lot of ICE stock; her husband is its CEO. In the Senate, she served on a subcomm. overseeing the CFTC, which regulates ICE, as the CFTC made decisions affecting ICE. Big conflict! 2/4…
While @kloeffler opposed new COVID relief in the Senate, her husband's company, Intercontinental Exchange, made an $11 billion deal that sought to profit off the pandemic. She owned millions of dollars in ICE stock & stood to gain personally from this. 3/4…
Read 4 tweets
30 Dec 20
A Thread and an Ask: I know you're all getting hit at the end of the year by a ton of good causes requesting money right now. Let me add to that rush. If you value the work we do at @MotherJones, please help us with a donation. 1/X…
The Trump era has been a stretch of death and demagoguery. Through it all, we at @MotherJones have been doing kick-ass journalism to uncover the corruption, greed, lies, and treachery—reporting on the pandemic, the GOP war on democracy, social inequality & other betrayals. 2/6
We can only do this work because of people like you. Really. @MotherJones is a nonprofit. No rich owner. No corporate backing. That affords us great independence. But it means we have to rattle the cup. No one likes doing that. But that's how we're able to keep on going. 3/6
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!