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CNN Anderson Cooper 360 February 12, 2014 06:20:00

Where are taking off? >> reporter: the question is how can these little-known charities take tax credit for shipping millions of dollars in medicines to guatemala. its all in the back door brokering of noncash donations, what charities call gifts in kind. critics call that an easy way for pretty bad charities to look pretty good. by overvaluing their donations. how? tom tigue was disgusted when he found out. he runs a reputable charity called direct relief. from his warehouse in california, he s...
Tax Credit Back Door Tom Tigue Relief Team Needs Medicines

CNN Anderson Cooper 360 February 12, 2014 06:21:00

$3 million. within the week, he had a thank you letter for his $100 million donation. >> you personally know that is true. >> right. well, weve seen examples, including with products that we have given and assigned a value to which we know is correct, and then seen it in the handoff to another charitable organization be revalued at as many as, i dont know, 40 times higher, which is absurd. >> reporter: tigue tracked down what happened and found a man named cliff feldman, a broker who lives in fl...
00 Million 3 Million 100 Million Michael Dunn Cliff Feldman I Dont Know

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