Self-Dealing Sharpton Sells Rights to his Life Story…to His Own Charity
Speaking of ethical violations, Al Sharpton’s charity, the National Action Network (NAN), agreed to pay him $531,000 for his “life story rights for a 10-year period.”
NAN can now sell those rights at some point to Hollywood at a hefty profit. Sharpton claims he has contracts for two movies, with a third contract in the works, but did not provide any details.
Nonprofit experts expressed concern about the transaction because NAN — a non-profit civil rights organization — is doing business with its own president.
Attorney Marcus Owens, a former IRS official, said NAN could lose its tax-exempt status if it breaches IRS rules regarding excessive compensation to nonprofit officials.
According to its tax filings, National Action Network took in $6.3 million in revenue in 2017, up from $5.8 million the year before. Meanwhile, Al Sharpton has owed back taxes to the IRS for years.
Sharpton paid off a $1.3 million tax lien to the IRS in February 2018, but still has $2.5 million in outstanding federal liens against him and one of his companies.
Al Sharpton’s Long History of Race-Baiting
Hopefully, Sharpton’s life story won’t whitewash his involvement in the sleazy Tawana Brawley scandal since it spotlights Sharpton’s long history of race-baiting.
Tawana Brawley gained notoriety in 1987 for falsely accusing four white men of gang-raping her. She was found in a trash bag with racial slurs scrawled on her body.
Brawley’s shocking accusations angered many in the black community and ignited a race war led by race-baiting clown Al Sharpton.
A grand jury concluded there was no evidence to support Brawley’s accusations. The falsely-accused white men later successfully sued Brawley and her lawyers for defamation.
https://www.bizpacreview.com/2019/02/23/five-members-of-the-congressional-black-caucus-took-60000-trip-to-south-africa-for-beyonce-concert-726626