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Purveyor

(29,876 posts)
Wed Oct 24, 2012, 01:16 PM Oct 2012

Zionist Organization of America Scraps Gala as Questions Swirl Over Loss of Tax Status

The Zionist Organization of America has canceled its annual fundraising dinner because of the loss of its tax-exempt status, the organization has confirmed.

The fundraiser, usually held in late November or early December, is a key annual event for the group. Recent galas have drawn such high-profile speakers as conservative talk show host Glenn Beck and Republican Rep. Eric Cantor, the House majority leader.

The event could still be held sometime next spring, according to David Drimer, the ZOA’s executive director. But the cancellation comes as internal critics continue to raise questions about the handling of the crisis, and as the ZOA makes cuts to some programs.

As the Forward first reported in September, the IRS revoked the 115-year-old Zionist group’s tax-exempt status in February after the ZOA failed to file financial disclosures for three consecutive years. The ZOA’s national president, Morton Klein, received a 38% pay raise during the years the group failed to file. (Drimer previously worked as associate publisher of the Forward.)

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http://forward.com/articles/164825/zoa-cancels-annual-fundraising-dinner/?p=all

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