EMAIL DETAILS

<html><body><font face="Helvetica">Thanks<br><br>Sent from Xfinity Connec= Mobile App</font><blockquote><br>------ Original Message ------<br><br><b=From: </b>john mcgrail<br><b>To: </b>Mark Gitenstein, Ted Kaufman<br><b>Cc= </b>Steve Ricchetti, Hunter Biden, Alex Snyder-Mackler<br><b>Sent: </b>Ja=uary 14, 2016 at 8:25 PM<br><b>Subject: </b>Re: IRS guidance on political =ctivity</blockquote><blockquote><html><head></head><body><div style="col=r:#000; background-color:#fff; font-family:times new roman, new york, time=, serif;font-size:16px"><div id="yui_3_16_0_1_1452820322384_3608" dir=ltr"><span id="yui_3_16_0_1_1452820322384_3780" class="">Cato and =</span>Heritage are (c)(3)s. Democracy Corps is a (c)(4), which mean= their donors do not get a tax deduction. </div><div id="yui_3_16_0=1_1452820322384_3608" dir="ltr"><span><br></span></div><div id="yui_3_=6_0_1_1452820322384_3608" dir="ltr"><span id="yui_3_16_0_1_14528203223=4_3865">CAP is a (c)(3) but has an affiliated (c)(4).</span></div><div cla=s="qtdSeparateBR" id="yui_3_16_0_1_1452820322384_3638"><br></div><div =lass="yahoo_quoted" id="yui_3_16_0_1_1452820322384_3656" style="disp=ay: block;"> <div style="font-family: times new roman, new york, times,=serif; font-size: 16px;" id="yui_3_16_0_1_1452820322384_3655"> <div styl="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida G=ande, sans-serif; font-size: 16px;" id="yui_3_16_0_1_1452820322384_3654"= <div dir="ltr" id="yui_3_16_0_1_1452820322384_3741"> <font size="2"ce="Arial" id="yui_3_16_0_1_1452820322384_3779"> <hr size="1" id="yui_3_16_0_1_1452820322384_3778"> <b><span style="font-weight:bold;">=rom:</span></b> "Gitenstein, Mark H." <MGitenstein@mayerbrown=com><br> <b><span style="font-weight: bold;">To:</span></b> "ted=aufman@comcast.net" <tedkaufman@comcast.net>; John McGrail <=ohn.mcgrail@yahoo.com> <br><b><span style="font-weight: bold;">Cc:</s=an></b> Steve Ricchetti <sricchetti@cox.net>; Hunter Biden <hbide=@rosemontseneca.com>; Alex Snyder-Mackler <smacklera@gmail.com><b=> <b><span style="font-weight: bold;">Sent:</span></b> Thursday, January, 2016 12:05 PM<br> <b><span style="font-weight: bold;">Subject:</span=</b> RE: IRS guidance on political activity<br> </font> </div> <div class="y_msg_container" id="yui_3_16_0_1_1452820322384_3653"><br><div id="=iv6450874774"><style>#yiv6450874774 #yiv6450874774 --

_filtered #yiv6450874774 {font-family:Helvetica;panose-1:2 11 6 4 2 2 2 2 = 4;}
_filtered #yiv6450874774 {panose-1:2 4 5 3 5 4 6 3 2 4;}
_filtered #yiv6450874774 {font-family:Calibri;panose-1:2 15 5 2 2 2 4 3 2 =;}
_filtered #yiv6450874774 {font-family:Tahoma;panose-1:2 11 6 4 3 5 4 4 2 4=}
#yiv6450874774
#yiv6450874774 p.yiv6450874774MsoNormal, #yiv6450874774 li.yiv6450874774Mso=ormal, #yiv6450874774 div.yiv6450874774MsoNormal
{margin:0in;margin-bottom:.0001pt;font-size:12.0pt;}
#yiv6450874774 a:link, #yiv6450874774 span.yiv6450874774MsoHyperlink
{color:blue;text-decoration:underline;}
#yiv6450874774 a:visited, #yiv6450874774 span.yiv6450874774MsoHyperlinkFoll=wed
{color:purple;text-decoration:underline;}
#yiv6450874774 span.yiv6450874774EmailStyle17
{color:#1F497D;}
#yiv6450874774 .yiv6450874774MsoChpDefault
{font-size:10.0pt;}
_filtered #yiv6450874774 {margin:1.0in 1.0in 1.0in 1.0in;}
#yiv6450874774 div.yiv6450874774WordSection1
{}
#yiv6450874774 </style><div id="yui_3_16_0_1_1452820322384_3652">
<div class="yiv6450874774WordSection1" id="yui_3_16_0_1_1452820322384_3Q">
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3740=><span style="font-size:11.0pt;" id="yui_3_16_0_1_1452820322384_3742">=emocracy Corps advertises itself as a non-profit but actually I’m no= sure that its (c) (3) or (4). See this
<a rel="nofollow" shape="rect" href="https://secure.actblue.com/cont=ibute/page/demcorps?refcode=email&recurring" id="yui_3_16_0_1_1450322384_3894">
https://secure.actblue.com/contribute/page/demcorps?refcode=email&rec=rring</a>. Note that it makes it clear that contributions to De=ocracy Corps are NOT tax exempt. We may need Bauer’s advice on=this . I’ll also check with my tax exempt guy. I tried
to access Democracy Corps 990 but had trouble accessing it.</span></div>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3895=><span style="font-size:11.0pt;"> </span></div>
<div id="yui_3_16_0_1_1452820322384_3650">
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3896=><span style="font-size:11.0pt;">Privileged & Confidential</span></d=v>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3902=><span style="font-size:11.0pt;">Work Product</span></div>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3903=><span style="font-size:11.0pt;"> </span></div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;"> &n=sp;</span></div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;"> &n=sp;</span></div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;"> &n=sp;</span></div>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3738=><span style="font-size:11.0pt;"> </span></div>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3649=><span style="font-size:11.0pt;"> </span></div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;">Mar= Gitenstein</span></div>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3777=><span style="font-size:11.0pt;">Mayer Brown LLP</span></div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;">199= K st NW</span></div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;">Was=ington, DC, 20006-1101</span></div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;">+12=2-263-3371</span></div>
</div>
<div class="yiv6450874774MsoNormal"><span style="font-size:11.0pt;"> &n=sp;</span></div>
<div class="yiv6450874774yqt4315626473" id="yiv6450874774yqt18245"><div=id="yui_3_16_0_1_1452820322384_3666">
<div style="border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in =in 0in;" id="yui_3_16_0_1_1452820322384_3665">
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3664=><b><span style="font-size:10.0pt;">From:</span></b><span style="font-=ize:10.0pt;"> tedkaufman@comcast.net [mailto:tedkaufman@comcast.net]
<br clear="none">
<b>Sent:</b> Thursday, January 14, 2016 11:26 AM<br clear="none">
<b>To:</b> John McGrail<br clear="none">
<b>Cc:</b> Steve Ricchetti; Hunter Biden; Alex Snyder-Mackler; Gitenstein, =ark H.<br clear="none">
<b>Subject:</b> Re: IRS guidance on political activity</span></div>
</div>
</div>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3754=> </div>
<div class="yiv6450874774MsoNormal" id="yui_3_16_0_1_1452820322384_3746=><span style="" id="yui_3_16_0_1_1452820322384_3747">I assume the demo=racy corps, Cato institute, and heritage foundation are 501c3's? Right=<br clear="none">
<br clear="none">
Sent from Xfinity Connect Mobile App<br clear="none">
<br clear="none">
<br clear="none">
------ Original Message ------<br clear="none">
<br clear="none">
From: John McGrail<br clear="none">
To: Ted Kaufman<br clear="none">
Cc: Alex Snyder-Mackler, Steve Ricchetti, Mark Gitenstein, Hunter Biden<br =lear="none">
Sent: January 14, 2016 at 10:08 AM<br clear="none">
Subject: IRS guidance on political activity<br clear="none">
<br clear="none">
A tax-exempt 501(c)(4) must be operated exclusively to promote social welfa=e. "The promotion of social welfare does not include direct or indire=t participation or intervention in political campaigns on behalf=of or in opposition to any candidate for public
office. However, a section 501(c)(4) social welfare organization may engag= in some political activities, so long as that is not its primary activity="</span></div></div>
</div>
<style>
#yiv6450874774 p {
color:black;font-family:calibri;font-size:90%;}
</style>
<div>______________________________________________________________________=___ </div>
<br clear="none">
<div>This email and any files transmitted with it are intended solely for t=e use of the individual or entity to whom they are addressed. If you have eived this email in error please notify the system manager. If you are n=t the named addressee you should
not disseminate, distribute or copy this e-mail. </div>
<br clear="none">
</div></div><br><br></div> </div> </div> </div></div></body></html></block=uote></body></htm