Treasury Sec. Bessent is reportedly gearing up to REVOKE the tax-exempt status of nonprofits including George Soros' Open Society Foundation CAIR

Make it happen, Secretary Bessent!

The move could target MULTIPLE leftist nonprofits because they ABUSE their tax-exempt status.

This is MASSIVELY overdue!

This was made possible by a Trump executive order from last year. Bessent recently said:

"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, where the evidence leads we will not hesitate to follow and of course we will hold these organizations, officers, directors, accountable and just as financial institution must know their clients they must know their grantees."

"That work is well underway."

???? HOLY CRAP! Treasury Sec. Scott Bessent is reportedly gearing up to REVOKE the tax-exempt status of nonprofits including George Soros' Open Society Foundation, CAIR (Council on American-Islamic Relations) and the SPLC — NYP

The operation might result in CIVIL PENALTIES too… pic.twitter.com/Q1zOVJqUbm

— Eric Daugherty (@EricLDaugh)August 28, 2026

Trump admin set to target George Soros nonprofit, Southern Poverty Law Center and CAIR in major tax crackdown: sources

Treasury Secretary Scott Bessent and the IRS could revoke the tax-free status of left-wing nonprofits such as George Soros’ Open Society Foundations, the Southern Poverty Law Center, and the Council on American-Islamic Relations, three sources familiar with the matter have told The Post.

It is part of a Trump-backed crackdown on “bogus” charities, and Treasury officials are drawing up a sweeping audit of outfits deemed to be using and abusing Uncle Sam’s tax code, the three people briefed on the Treasury Department’s internal policy deliberations said.

Bessent’s inner circle is drafting a blueprint that could ultimately strip non-compliant organizations of their 501(c)(3) status, according to two of the people familiar with the plans. The reviews could result in massive back payments and civil penalties, the same sources said. ---More...