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Press Release: Grassley Investigates Gates Foundation and Others for Compliance with 501(c)(3) Tax Regulations

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Senator Grassley is investigating foundations for compliance with tax laws regarding alleged funding of the Chinese Communist Party.

Quiver AI Summary

Senator Grassley investigates foundation compliance: Senator Chuck Grassley (R-Iowa), Chairman of the Senate Judiciary Committee, is reviewing the compliance of the Bill and Melinda Gates Foundation, the Rockefeller Brothers Fund, and the Ford Foundation with 501(c)(3) tax laws, particularly regarding their reported funding of the Chinese Communist Party (CCP).

Concerns raised about foreign funding: Grassley has expressed concerns about whether these organizations' financial activities align with charitable purposes as required for tax-exempt status. He has requested clarification on their reported contributions that involve supporting entities connected to the CCP.

Background on funding details: Reports indicate that these foundations have made significant financial contributions to various CCP-associated organizations and projects, raising questions about their compliance with U.S. tax laws. Grassley's inquiry includes specific funding amounts and the nature of the organizations receiving support.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Chuck Grassley Net Worth

Quiver Quantitative estimates that Chuck Grassley is worth $6.2M, as of October 28th, 2025. This is the 148th highest net worth in Congress, per our live estimates.

Grassley has approximately $72.8K invested in publicly traded assets which Quiver is able to track live.

You can track Chuck Grassley's net worth on Quiver Quantitative's politician page for Grassley.

Chuck Grassley Bill Proposals

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  • S.3046: A bill to amend title 28, United States Code, to require the Attorney General to submit an annual report to Congress on gang activity, reporting, investigation, and prosecution, and for other purposes.
  • S.2928: H–1B and L–1 Visa Reform Act of 2025
  • S.2808: Fertilizer Research Act of 2025
  • S.2800: Pharmacy and Medically Underserved Areas Enhancement Act
  • S.2710: Open Payments Expansion Act
  • S.2677: A bill to expand the sharing of information with respect to suspected violations of intellectual property rights in trade.

You can track bills proposed by Chuck Grassley on Quiver Quantitative's politician page for Grassley.

Chuck Grassley Fundraising

Chuck Grassley recently disclosed $42.8K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 881st most from all Q3 reports we have seen this year. 91.8% came from individual donors.

Grassley disclosed $57.4K of spending. This was the 754th most from all Q3 reports we have seen from politicians so far this year.

Grassley disclosed $307.1K of cash on hand at the end of the filing period. This was the 658th most from all Q3 reports we have seen this year.

You can see the disclosure here, or track Chuck Grassley's fundraising on Quiver Quantitative.

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