A Quote by David Fahrenthold

IRS rules generally prohibit acts of 'self-dealing,' in which a charity's leaders use the nonprofit group's money to buy things for themselves. — © David Fahrenthold
IRS rules generally prohibit acts of 'self-dealing,' in which a charity's leaders use the nonprofit group's money to buy things for themselves.
If you're the president of a charity, you can't take the money out of the charity and use it to buy things for yourself. And you can't take the money out of the charity and use it to buy things for your business.
That's why it has to be a nonprofit, because a nonprofit is required to take monies it receives and use them for the purposes for which it's chartered by the government. It can't be pocketed.
The great thing about money is that people can use it to buy things they need instead of things self-appointed experts think they need.
I felt that one of the things God impressed on me was that I needed to start a nonprofit corporation, so that any money that came my way, whether it was an honorarium, a book sale or a gift, would go into a nonprofit ministry.
Once money goes into a charity, it is tax exempt, so that's a benefit you get. And in return, you have to use the assets of the charity to serve the public good. So if Trump is using this money basically to save his businesses, the money isn't helping people. That's a violation of the letter and the spirit of law.
When we're dealing with money in relationships, when we're dealing with money in our personal lives, when we're dealing with money in our families, the flow of money in a family represents the value system under which that family operates.
We've been trained to spend money since we were born with all these commercials with toys and G.I. Joes and Transformers. But there's so many things in the supermarket, there's so many things on television that automatically, when you turn it on, are saying, 'Buy! Buy! Buy! Buy! Buy! Buy! Buy!'
Money is not the most important thing, but when you need it, there are few substitutes. So while I like the things money can buy, I love what money won't buy. It bought me a house but it won't buy me a home. It would buy me a companion but it won't buy me a friend.
Do not use intoxicants of any sort. We who should be serving the world should not ruin our health by smoking and drinking. The money we waste on these things can be used for so many useful things. With the money we smoke away, we can buy an artificial leg for one who has lost a leg, pay for an eye operation for someone with a cataract, or buy a wheelchair for a polio victim. Or, if nothing else, we can buy some spiritual books for the local library.
Lower taxes will stimulate your own personal economy by leaving more money in your pocket to do what you want - invest, save, spend, buy a bigger house, a nicer car, and give to charity. And lower taxes also lead to more money for the government to use on those things they've promised you. It's a win-win for everyone.
The real use of AI in industry is generally for very narrow pattern-matchers - a better search algorithm, an object-detection algorithm, etc. These things are tools which we can use - for good or evil. But they're nothing like self-aware beings.
'The Committee has identified eight senior leaders who were in a position to prevent or to stop the IRS's targeting of conservative applicants,' the Oversight report states. 'Each of these leaders could have and should have done more to prevent the IRS's targeting of conservative tax-exempt applicants.'
Well, what did we buy? Instead of a leaner, smarter government, we bought a bureaucracy that now tells us which light bulbs to buy, and which will put 16,500 IRS agents in charge of policing President Obama's health care bill.
I believe God wants you to have money to pay your bills, send your kids to college and do charity work and build orphanages. There's the teaching that we're supposed to be poor to show that we're humble. I don't buy that. I think we're supposed to be leaders. We're supposed to excel.
Money is a token, money buys freedom, it don't necessarily buy happiness and I've still got things I'm overcoming in my own mind, but money will buy you the freedom to not have to work as many hours. Money will buy you the freedom to spend more time with your family.
Money is time. With money I buy for cheerful use the hours which otherwise would not in any sense be mine; nay, which would make me their miserable bondsman.
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