Topic: Slush Funds

George Soros's Open Society Foundations announced a $220 million investment in black-led justice organizations. The hosts link this massive funding to the 2020 election and the support of Joe Biden. They describe the lack of transparency in how these funds are distributed through various non-profits and "slush funds."

The hosts explain the mechanics of "fiscal sponsorship," where a large non-profit like Thousand Currents handles the back-office operations for smaller groups like Black Lives Matter. They discuss the use of IRS Form 990 to track executive salaries and expenses, noting that the system allows for significant financial opacity.