WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the New Georgia Project, the Stacey Abrams-founded 501(c)(3) non-profit, announced the organization would cease operations and shutdown. This decision comes amid scrutiny from the Ways and Means Committee into whether the organization failed to operate within its stated tax-exempt purpose by illegally contributing millions to Abrams failed 2018 gubernatorial bid. In March of this year, Chairman Smith called on the Internal Revenue Service (IRS) to revoke the organization’s tax-exempt status.
Chairman Smith said, “The entire world watched Stacey Abrams turn her twice-failed gubernatorial campaign into a grift to enrich herself in the name of Democrat ‘Get Out the Vote’ and ‘Diversity, Equity, and Inclusion’ efforts. The New Georgia Project’s decision to dissolve further confirms the Ways and Means Committee and Georgia State Ethics Commission’s findings that the organization broke the law when it failed to disclose more than $7 million in illegal contributions and expenditures designed to prop up Abrams’s failed 2018 campaign.
“This decision also raises further questions about whether Abrams or other organizations she is linked to have engaged in illegal activity. The Department of Justice should take a close look at every Abrams linked non-profit, especially given recent discoveries that Joe Biden’s Environmental Protection Agency awarded $2 billion to a group with ties to Abrams.”
In addition to the New Georgia Project, the Ways and Means Committee is investigating the United States’s tax-exempt sector writ large. Last month, Chairman Smith called on the IRS to revoke the tax-exempt status of eight organizations the Committee’s investigation confirmed are linked to designated foreign terrorist groups or acted to fuel violence and unrest in the United States.
READ: Chairman Smith Requests Revocation of Stacey Abrams-Founded Organization’s Tax-Exempt Status