Upon request of the 11th Ward Republican Committeeman, Carl Segvich, I was asked to
take a look at the activities of Memorial Sloan-Kettering Cancer Center in New York.
Like Mr. Segvich, I choose to focus my energy exclusively on the state of Illinois;
tending to stay close to home, in Cook County.
However, I can’t ignore the tremendous impact that Cancer has had on people in my life;
and I’m sure that many of you have been touched by this terrible affliction.
But when a group of people, from First Lexington Corp and Goldman Sachs, band
together as a nonprofit facility, and solicit charitable donations, while only occasionally
performing cancer research – in between exorbitant lump sum executive compensation
distributions, risky hedge fund investments, and secretive accounts in the Cayman Islands
– I have to ask myself, “why are these people allowed to operate as a nonp rofit?”
Better yet, I decided to take action…
First, I challenged their nonprofit status with the New York Attorney General’ s Office:
Next, I reported them to the IRS: click here.
Finally, I asked the New York State Department of Taxation and Finance, which is a lot
like the Department of Revenue in Illinois, to revoke their sales tax and property tax
exemptions: click here.
But there’s a lesson here…
When you suspect suspicious activity in Illinois, by a nonprofit company, you can take
1. Download the company’s [free] IRS Form 990 (requires brief registration): click
2. Contact the Illinois Charitable Trust Bureau [of the Attorney General’s Office]:
3. Report suspicious activity to the Internal Revenue Service: Form 3949 A.
4. Ask the Illinois Department of Revenue to review the nonprofit’s sales tax and
property tax exemptions: click here.
NOTE: Use zip code “19041” for sales tax exemptions, and “19033” for property