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Exclusive | Trump admin set to target George Soros nonprofit, Southern Poverty Law Center and CAIR in major tax crackdown: sources

  • The Trump administration plans to audit and potentially strip tax-exempt status from George Soros's Open Society Foundations, the Southern Poverty Law Center, and the Council on American-Islamic Relations as part of a crackdown on alleged abuses of the 501 tax-exempt status.
  • Treasury Secretary Scott Bessent is leading efforts based on a 2025 executive order targeting nonprofits with a 'substantial illegal purpose,' with potential back taxes and fines totaling around $165 million if these groups lose their tax-exempt status.
  • The crackdown faces legal challenges, including a lawsuit from Protect Democracy alleging political targeting of organizations, and objections from the Open Society Foundations claiming the actions are illegal attempts to stifle their work.
  • Formal revocation of tax-exempt status is a slow process that often results in legal battles.
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New York Post broke the news in New York, United States on Thursday, August 27, 2026.
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