Media Matters founder David Brock accused of nonprofit tax code violation

Published



David Brock, the founder of the website Media Matters, has been accused of illegally profiting from the transfer of millions of dollars from a nonprofit entity to a for-profit entity.

The complaint, filed to the IRS by a conservative watchdog group, lays out evidence that the nonprofit group American Bridge Foundation sent $2.7 million in tax-exempt funds to a for-profit company named True Blue Media that Brock owned, according to the Daily Caller.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.