Updated: May 20, 2020
IRS 990 forms can give some insight into charities and how money is used. After Fred Guttenberg’s daughter, Jamie, was killed at MSD on 2/14/2018, he soon established a foundation in order to do good and honor her. In reality, it’s a noble action on his part.
More recently, at the 2020 State of the Union address (and a guest of House Speaker Nancy Pelosi), he was ejected from the chambers for his outburst when Trump mentioned the 2nd amendment:
Fred’s foundation has to file a 990 with the IRS, which they did for 2018. Total revenue for that period was $319,447.
The interesting part though is why is he personally profiting at all from any of this?
His daughter was tragically killed, he sets up a foundation to honor her and fight for what he believes in (as well as do some good in the community), but gets $33k in profits from it?
Further, per the IRS: