This Is The REAL REASON Erika Kirk Is CEO Of TPUSA (They Tried To Hide It)

[00:00] That is why Erica Kirk is the CEO of

[00:03] Turningpoint USA. She didn't become CEO

[00:06] because she was qualified. She didn't

[00:08] become CEO because it was Charlie's

[00:10] dying wish. She became the CEO because

[00:13] I'm going to show you exactly why Erica

[00:16] Kirk is the CEO of Turning Point USA.

[00:19] And you will never be able to convince

[00:20] me otherwise. Not speculation, not

[00:23] theory, straight documentation. and you

[00:26] tell me if you believe what I'm saying

[00:29] and what the documents are saying or

[00:31] what they're saying.

[00:37] >> We're going to take a look at this form

[00:39] here. So, this is a form called a 990.

[00:42] All right. It's a tax return that every

[00:44] nonprofit organization has to file with

[00:47] the IRS every single year. It's public.

[00:50] Anybody can look it up. These are

[00:52] financial disclosures that organizations

[00:54] like Turning Point USA are legally

[00:56] required to submit annually. And I've

[00:58] been going through TPUSA's 990s for days

[01:02] going on weeks now, page by page, line

[01:04] by line, and I've gone through every

[01:06] single IRS documentation from every

[01:09] single Turning Point uh entity. All

[01:12] right, there's actually four, but we're

[01:14] focusing on TurningPoint USA

[01:16] incorporated, the LLC's 990. Now, I've

[01:21] been looking for irregularities. I've

[01:23] been looking for patterns, and I've

[01:25] found something that is going to shatter

[01:27] everything that they've told us about

[01:29] what is going on about the life

[01:32] insurance policy of Charlie Kirk. This

[01:35] is a schedule L. We're going to get

[01:37] right to it. So, if you look up here, it

[01:39] says schedule L. All right. Transactions

[01:42] with interested persons. So essentially

[01:46] this is dealing with involved

[01:48] [clears throat]

[01:48] insiders board members that they do

[01:51] deals with. There's an entry in here.

[01:53] Essentially these are loans. Okay. So

[01:55] you can see here it says loans to and or

[01:58] from interested persons. Okay. So it

[02:02] says name of interested person. So that

[02:05] means that they're giving a loan to this

[02:08] company GGLF223

[02:11] LLC. All right. This stopped me and it

[02:15] made me I had to go through it a few

[02:17] times because I didn't quite grasp I had

[02:19] to reach out to a buddy of mine and ask

[02:20] him because you know this isn't my

[02:23] wheelhouse. I'm not a tax advisor you

[02:25] know what I mean? So this is new

[02:27] territory for me. But once I did that's

[02:29] why it's taken me a few days to come out

[02:30] with this research because this is this

[02:33] is something that shattered me when I

[02:36] realized what was going on. So look at

[02:38] this entry here. This is a loan to okay

[02:42] not from it's name of interested

[02:45] persons. If it was for TPUSA it would be

[02:48] of to TPUSA. Okay. The interested

[02:52] persons for the loan is GGLF2023

[02:56] LLC. It's a loan for $350,000.

[03:01] And I'll zoom in there so you can see

[03:02] it. the original principal amount, okay,

[03:05] from TurningPoint USA going over to

[03:09] something called GGLF 2023 LLC as you

[03:14] can see right here. All right. Now, the

[03:17] purpose is a split dollar life insurance

[03:20] policy. All right. Loan to or from the

[03:24] organization. You have to understand

[03:26] what this means. All right? So the

[03:28] organization is always going to be

[03:29] referred to as TPUSA because that is the

[03:32] organization that is filing this 990. So

[03:35] any uh entity or mention of organization

[03:40] is always going to be the organization

[03:42] filing the 990 or the documentation to

[03:45] IRS. So it says relationship with

[03:49] organization purpose of loan loan to or

[03:52] from the organization. It's from TPUSA

[03:56] to GGLF 2023. And it says this line

[04:01] right here. Read it with me. It says

[04:04] entity owned by president or CEO

[04:08] of the organization. So relationship

[04:11] with the organization. This entity, the

[04:14] LLC, is the entity owned by the

[04:17] president and CEO of Turningpoint USA

[04:21] for a split dollar life insurance

[04:24] policy. So, it's a loan from TPUSA

[04:27] to this GGLF 2023 LLC that is owned, the

[04:32] LLC, GGLF is owned by the president

[04:35] standing of TPUSA for a split dollar

[04:38] life insurance policy. So they loaned

[04:40] money to GGLF who is owning that company

[04:44] which is the president and CEO of TPUSA

[04:48] for the original principal amount of

[04:50] $350,000

[04:52] with a balance due of 355268.

[04:55] $355,000.

[04:57] All right. It doesn't say entity owned

[05:00] by Charlie Kirk. It doesn't say entity

[05:03] owned by Charles J. Kirk. entity owned

[05:07] by president and CEO and or CEO. Do you

[05:12] understand what you're looking at? They

[05:14] didn't tie this to a person. Okay?

[05:17] Whoever holds this document, whoever

[05:20] holds the title of president and CEO of

[05:23] Turning Point USA owns this LLC. Charlie

[05:28] Kirk was the president and CEO. So,

[05:31] Charlie Kirk controlled GGLF. you follow

[05:35] me, right? But what happens if Charlie

[05:37] Kirk isn't the president and CEO

[05:40] anymore? Because that person is just a

[05:43] title on this document. All right, look

[05:45] at it again with me. Entity owned by

[05:47] president CEO. It has no name on it. And

[05:52] now I will say in the filing, okay, if

[05:56] we go to the initial filing, it doesn't

[05:59] have because Wyoming doesn't require the

[06:02] the names of the people. It's a kind of

[06:04] like Nevada. Um, like Delaware, you've

[06:06] been seeing in the news lately on social

[06:09] media. They don't disclose who actually

[06:11] owns a company. It's secretly hidden

[06:14] behind the filing, right? So, that's not

[06:17] disclosed. But the original filing of

[06:20] this was through a tax law firm. Okay.

[06:26] So, let's get back to this document and

[06:29] let's talk a little bit deeper about

[06:30] what this is. They didn't tie it to a

[06:34] person. They tied it to a title. Whoever

[06:37] holds that title is the person who owns

[06:40] the LLC. Again, Charlie Kirk was CEO. He

[06:44] owned that LLC. He died. What happens if

[06:48] someone else holds the title of that

[06:51] LLC? Someone else controls GGLF?

[06:55] Someone else controls the loan to the

[06:57] life insurance policy. The money gets

[07:00] paid out to somebody else. That doesn't

[07:03] follow the person. It follows the title.

[07:06] The money follows the title. Why would

[07:09] you ever set it up that way? Why

[07:12] wouldn't you just write entity owned by

[07:15] Charlie Kirk? Unless you were planning

[07:19] for a scenario where Charlie Kirk wasn't

[07:21] the CEO anymore. Unless you were

[07:24] planning for something that exactly what

[07:27] had happened. All right, I'm going to

[07:28] show you the timeline so you can really

[07:31] understand what's happening and so we

[07:34] can figure this out together because I

[07:36] can't figure it all the way out. But

[07:38] I'll tell you what, I have figured out

[07:40] why Erica Kirk is the CEO in my humble

[07:43] opinion, allegedly.

[07:45] So, I need you to pay attention because

[07:48] this is where it's going to get dark.

[07:49] All right. May 15th, 2023. The LLC of

[07:53] GGLF2023

[07:55] created in Wyoming, organizer of

[07:58] Stephanie L. Hooper. This was set up

[08:00] from Charleston, South Carolina tax

[08:03] attorneys who specialize in a specific

[08:07] type of tax law. Okay. Now, the founder

[08:11] is David Taylor, and I'm going to show

[08:13] you their firm's website,

[08:14] tayloraxlaw.com.

[08:16] All right. and an uncommon tax law firm.

[08:21] All right. And from the founder himself

[08:24] says, "I'm motivated by taking on a

[08:27] problem which others have said is

[08:29] impossible to solve and which has a

[08:32] life-changing impact on our clients if

[08:34] solved. I solved the problem by being

[08:37] able to utilize three decades of

[08:39] experience. What is a great way to live

[08:41] life by changing the lives of our

[08:44] clients? Why don't they have their

[08:46] information on their like their uncommon

[08:49] what is an uncommon tax law firm

[08:51] exactly? You know, I'm kind of curious

[08:54] on what that means exactly. You know

[08:56] what's interesting as well is that their

[08:58] staff has no mention of the people that

[09:02] sign the documentation

[09:05] as attorneys

[09:07] who actually are on the forms that

[09:09] you're going to see right now. Initial

[09:10] filing. Okay, the initial filing for

[09:14] GGLF 2023 LLC from the Wyoming Secretary

[09:19] of State. It shows right here, limited

[09:22] liability company. The organization is

[09:24] GGLF2023

[09:26] LLC. The name and physical address of

[09:29] the registered agent is 30 North Gold

[09:32] Street uh Sweet R. Mailing address is

[09:37] also that. So, the LLC, GGLF, the loan

[09:41] company that took out the life insurance

[09:43] for the president and CEO of Turning

[09:46] Point USA,

[09:48] is the same address signed by Stephanie

[09:52] L. Hooper, working for Taylor Foley Law.

[09:55] Okay. Attorney at law, phone number and

[09:58] everything. This is so crazy. Stephanie

[10:02] L. Hooper. Look at where this company is

[10:04] located at. This is important for all of

[10:06] us to understand so that we can go

[10:08] through this together and you can

[10:10] understand the the situation that's

[10:12] being had right now. A $350,000 loan

[10:16] went to an a building that has no

[10:19] company name on it for GGLF. It's

[10:22] registered to other companies and an art

[10:26] studio or what have you. Souvenir LLC is

[10:29] there instead. That's actually has

[10:31] business hours. So, they're obviously a

[10:33] location. They have um you know I I

[10:37] don't know they have an entity right

[10:39] there's you know there's pictures and

[10:40] stuff like that. I mean I don't know if

[10:43] there's even pictures to be honest with

[10:45] you. Anyways let me get back to the

[10:48] timeline. So back to the timeline. TPUSA

[10:52] loans $350,000

[10:54] from TPUSA to GGLF. This is essentially

[10:58] for Charlie Kirk. All right. The loan is

[11:01] for Charlie Kirk. March 2024, an annual

[11:05] report was filed and everything is

[11:07] normal. All right. Wyoming annual

[11:09] reported submitted active. May of 2025,

[11:14] Wyoming then sends a delinquency notice

[11:17] to GGLF 2023 LLC that nobody has paid

[11:23] and those taxes of $60 is the amount

[11:26] owed. Then, so that's in May. Then a few

[11:31] a month, two months later, 60 days

[11:33] later, the LLC is dissolved. So Wyoming

[11:36] dissolves GGLF for non-payment. $60

[11:40] unpaid fee kills a multi-million dollar

[11:44] structure. The beneficiary now does not

[11:47] exist. Okay. July 9th of 2025, $60,

[11:53] nobody pays it. The entity holding a

[11:56] multi-million dollar life insurance

[11:58] policy is dissolved over $60. Now watch

[12:02] what happens next. September 10th, 2025,

[12:06] Charlie Kirk is killed. When Charlie

[12:08] Kirk dies, the entity does not exist

[12:10] anymore. Okay? He's dead. The LLC has

[12:13] been dissolved for 63 days and insurance

[12:16] beneficiaries does not exist legally

[12:20] because there's no president or CB CEO

[12:22] of TPUSA

[12:24] technically on that date, right? LLC

[12:27] dissolves a couple months later, 63 days

[12:31] later to be exact, I think it is.

[12:33] Charlie Kirk is assassinated. Then 8

[12:37] days later, Erica Kirk becomes the CEO,

[12:40] the beneficiary of the life insurance

[12:43] policies company, which is a dead

[12:45] company. All right. She's named

[12:47] president/CEO of TPUSA. 8 days after her

[12:51] husband's murder, now also owns and

[12:55] controls GGLF 2023 LLC. Let that sink in

[13:00] for a second. Okay. September 18th,

[13:03] 2025,

[13:05] eight days after Charlie is killed,

[13:08] Erica Kirk is named president and CEO of

[13:12] Turning Point USA, which means that she

[13:16] owns LLC GGLF 2023.

[13:20] And then on uh December 3rd, okay, LLC

[13:27] is reinstated.

[13:30] Okay, someone brought GGLF back to the

[13:34] from the dead back to life. That person

[13:37] is Virginia Brown. There's no signature.

[13:39] It's a typed name. I have it right here.

[13:42] Okay. Wyoming Secretary of State.

[13:45] GGLF203

[13:48] is effective desolution 792025.

[13:52] And then December 3rd, 2025, Virginia

[13:55] Brown of the same tailor tax law from

[13:59] registrations. So it they're running

[14:02] this registrations tax company out of I

[14:05] guess Wyoming. Okay. For God knows why.

[14:09] Filed 84 days after Charlie Kirk was

[14:13] killed. Someone filed the paperwork.

[14:16] Why? And why is it an attorney with no

[14:20] signature? And why is it a Wyoming

[14:23] company from an entity that's based out

[14:26] of Charleston, South Carolina called

[14:28] Taylor Tax Law? I stayed up for the last

[14:31] few days. Honestly, I've barely slept

[14:34] trying to figure out the answer to the

[14:36] question, why December 3rd? Why

[14:40] midnight? And what deadline were they

[14:42] racing against? Again, 79 2025 they were

[14:47] dissolved. 123 2025 they were

[14:50] reinstated. This is the life insurance

[14:52] policy company that received the loan

[14:54] from TPUSA. This is already selfdealing.

[14:58] Okay. President of TPUSA gave himself a

[15:02] loan to his own LLC in the name of

[15:06] $350,000

[15:08] which is illegal. That is a way for you

[15:10] to receive money without paying taxes.

[15:13] And who is going to question you

[15:15] loaning? Say your founders and all the

[15:17] other people, donors, they're not going

[15:19] to ask you and dive deeper into a

[15:22] company you gave in $350,000 to.

[15:26] Probably not very typical. All right.

[15:29] I'm sure big organizations give loans

[15:31] all the time to other companies. Um, but

[15:34] GGLF 2023 served one or two purposes.

[15:39] There's two avenues here and we're going

[15:41] to get deeper into it. But you must know

[15:44] that 90 days after Charlie Kirk had been

[15:48] killed would be December 9th, okay,

[15:52] which is 6 days before this was signed,

[15:55] okay, by Virginia Brown. 6 days before

[15:58] under ERISA regulations, insurance

[16:01] companies have to make a decision on

[16:03] life insurance claims within 90 days of

[16:07] receiving the claim. Okay. If you file a

[16:10] claim on the day that someone dies, the

[16:13] insurance company has 90 days until the

[16:17] to pay or deny. So September 10th plus

[16:21] 90 days equals December 9th. December

[16:24] 3rd is 6 days before December 9th. But

[16:28] here's the thing. When Charlie Kirk

[16:30] died, GGLF was dissolved. It did not

[16:33] exist. Insurance companies cannot pay

[16:36] death benefits to an entity that does

[16:39] not exist. If the insurance company runs

[16:42] a basic check, all they do, they would

[16:45] see that the beneficiary LLC was

[16:48] dissolved. It's dead and gone. So, they

[16:51] don't have to pay it out. But within 90

[16:53] days, if they have the and also keep in

[16:57] mind, they would have to redirect the

[16:59] payout to the estate. That doesn't

[17:01] necessarily mean that just because the

[17:03] LLC is dissolved that they're not

[17:05] required to honor the payout. That's not

[17:08] necessarily true. But it would say that

[17:11] they would have to directly pay the

[17:13] beneficiary instead of the LLC covering

[17:16] up who the money is going to. Do you

[17:19] understand? Although it does say that

[17:21] the LLC is the president/ce CEO of

[17:24] Turning Point USA. It's very convoluted.

[17:29] they would have to redirect the payout,

[17:31] all right, to somebody else, not the

[17:34] LLC, unless someone resurrected the LLC

[17:38] before the deadline and unless someone

[17:40] brought it back to life so it could

[17:43] receive the money. But here's what

[17:45] actually kept me up late every single

[17:47] night. Actually, I haven't slept. It's

[17:50] 12:30 p.m. Pacific Standard Time, and I

[17:53] have not slept. I've been researching

[17:55] this all evening and morning. Who has

[17:57] the authority to reinstate a dissolved

[18:00] LLC? Only the owner. Who owns GGLF LLC?

[18:05] Again, the person that reinstated it is

[18:07] Virginia Brown. But this is an attorney.

[18:10] All right. The actual person who owns it

[18:13] is the president and CEO. Who was the

[18:16] president and CEO of TPUSA on December

[18:20] 3rd of 2025?

[18:22] Erica Kirk. She became CEO eight days

[18:26] after Charlie Kirk was killed, 76 days

[18:29] before the reinstatement. So when the

[18:31] LLC was brought back to life at 12:05

[18:34] a.m. I don't understand the urgency

[18:36] here. Why is it at 12:05 a.m.? We could

[18:40] find it right here. 12:07 a.m. I'm

[18:43] sorry. Wyoming on this 3rd day of

[18:45] December, 2025 at 12:07 a.m. has been

[18:49] filed for reinstatement. Do you see it

[18:51] now? Erica Kirk, it's her LLC. It wasn't

[18:56] Charlie's LLC anymore. It's not. Do you

[18:58] see why she's the CEO? If they're

[19:01] supposed to pay out 20 to $50 million to

[19:05] this organization that was taking money

[19:08] from donors into this as a loan, using

[19:12] it as a life insurance policy, it

[19:15] dissolved. I don't understand that part

[19:18] in particularly. That's way out of my

[19:21] depth. But I do understand the fact that

[19:23] the president is not is it's not named

[19:26] Charlie Kirk because you can't give a

[19:29] loan to from TPUSA to Charlie Kirk's

[19:32] company. That isn't the way it works

[19:34] because then he's not like first they

[19:36] haven't even paid it back. There's still

[19:38] a debt on it. There's still a debt on

[19:40] the loan at as of this time as of the

[19:42] filing. All right. So all the way as of

[19:45] through 2024 they haven't paid anything.

[19:47] So that means two things that Charlie

[19:50] Kirk had received money or the Charlie

[19:52] Kirk the president and CEO has received

[19:54] money which was Charlie Kirk and that

[19:57] way you don't have to explain to anybody

[19:59] that you're receiving more funds than

[20:01] your allowed income that your salary. So

[20:05] this is double dipping. All right. Not

[20:08] only that, they use that double dipping

[20:10] funds as life insurance policy money in

[20:14] case something happens or if it was

[20:16] planned. Now, step one, Charlie Kirk

[20:20] dies. Okay. Step two, GGLF is dissolved.

[20:24] Has been since July. The beneficiary

[20:27] does not exist. Step three, someone

[20:30] needs to find and file an insurance

[20:33] claim, but the beneficiary is dead. All

[20:36] right. Then you move to step four.

[20:39] Someone realizes we need to resurrect

[20:41] the LLC. All right. So they had Virginia

[20:44] Brown do it. Who owns it? The president

[20:47] and CEO of Turning Point USA. Then

[20:52] Charlie Kirk is dead, which is step

[20:54] five. 8 days after Charlie dies, Erica

[20:58] becomes the president and CEO. Step

[21:01] seven, now Erica owns GGLF. Now Erica

[21:04] can reauthorize the instatement. Step

[21:07] eight, the Charleston attorneys, the

[21:10] same ones who set this up in 2023, file

[21:13] the reinstatement at 12:05 a.m. 6 days

[21:17] before the insurance deadline. And then

[21:19] step 9, the GGLF exists again. So it

[21:23] makes the entity able to obtain the

[21:27] payout of the life insurance as opposed

[21:30] to the direct beneficiary. Then you have

[21:32] the insurance paying out 20 to $50

[21:35] million. That money goes to GGLF

[21:39] and it's hidden behind the the actual

[21:42] LLC. There's no name that we can find

[21:45] there because it's part of the state tax

[21:47] law. GGLF is owned by the president and

[21:50] CEO of TPUSA. The president and CEO is

[21:53] Erica Kirk. Okay. She didn't become CEO

[21:57] because she was qualified. She didn't

[21:59] become CEO because it was Charlie's

[22:01] dying wish. She became the CEO because

[22:04] that's how this was structured to work.

[22:06] That's how the money moves. Okay? She

[22:09] needed the title to own the LLC. She

[22:12] needed the LLC to collect the insurance

[22:15] and she needed the insurance to get the

[22:18] 20 to $50 million payout. That is why

[22:21] Erica Kirk is the CEO of Turning Point

[22:24] USA. And it gets worse. There's actually

[22:27] a legal doctrine in Wyoming called

[22:29] relation back. When you reinstate a

[22:32] dissolved LLC in Wyoming, the law treats

[22:34] it as if the LLC was never dissolved. So

[22:38] it relates back to the date of

[22:40] dissolution, which means legally GGLF is

[22:43] now treated as if it was existed from

[22:45] July 9th through today and never

[22:47] dissolved, which means legally. So

[22:49] that's, you know, through that timeline

[22:52] that's why it was established within the

[22:53] 90 days. it never dissolved in the first

[22:56] place, which means legally the

[22:58] beneficiary was valid at the time of

[23:01] death. You get what I'm saying?

[23:05] even though it wasn't because of the

[23:08] loophole law for the fact that if you

[23:11] back and re resolve the disillusion the

[23:15] you reinstate the LLC then that means

[23:18] that it was as if Charlie Kirk who was

[23:21] the president and CEO who died on

[23:24] September 10th of 2025 even though it

[23:28] dissolved in July

[23:31] because of the state law on taxes is

[23:34] that means that Charlie Kirk is the

[23:36] beneficiary or the person who gets paid

[23:39] out and that means that it goes into the

[23:42] LLC's hands. All right. So, even though

[23:45] the LLC was dissolved 63 days before he

[23:47] was killed, they resurrected it to

[23:50] rewrite history and they used legal

[23:52] fiction to make a dead company look

[23:54] alive again based off of the

[23:56] relationback doctrine to validate a

[23:59] beneficiary that didn't exist when the

[24:01] insured person died. And the only way

[24:04] any of this works is if Erica Kirk is

[24:06] the CEO because that's who owns the LLC

[24:09] because that's who controls the money.

[24:12] Because that's what the form 9990 says.

[24:15] Entity owned by president/ CEO of

[24:19] Turning Point USA right here.

[24:23] Okay. So, let me ask you something. Why

[24:27] did they let it dissolve in the first

[24:28] place? $60

[24:31] a $350,000

[24:33] structure holding a life insurance to

[24:35] pay tens of millions and they let it die

[24:38] over $60.

[24:40] TPUSA has $150 million in revenue before

[24:44] that. Okay, so 800 employees, lawyers,

[24:48] accountants, the Charleston tax

[24:50] attorneys who set this whole thing up.

[24:54] Remember I mentioned to you what they

[24:57] do? They specialize in uncommon law

[25:00] practices for taxes. All right. For two

[25:04] months from May to July, nobody paid $60

[25:09] for this life insurance policy. I do not

[25:12] believe that's an accident. I think that

[25:13] it was dissolved on purpose. What if the

[25:17] LLC needed to be dissolved while Charlie

[25:20] was alive? What if the only way to

[25:23] transfer control of GGLF from Charlie to

[25:26] Erica was to let it die, make Erica CEO,

[25:30] and then bring it back? What if the

[25:32] dissolution wasn't negligence? Because I

[25:35] don't think it was. This was carefully

[25:37] planned. What if it was the plan? I want

[25:40] to be very careful here. I'm not

[25:42] accusing anyone of any heinous acts.

[25:46] There's an accused shooter in custody.

[25:49] There's going to be a trial. I'm not

[25:51] accusing Erica Kirk of knowing about all

[25:54] of this structure. I don't know what she

[25:56] knew. I don't know what was told to her.

[25:59] Okay? I don't know her involvement. I'm

[26:02] not saying this was murder for money.

[26:04] I'm not saying this was money for, you

[26:07] know, being ready for this situation.

[26:09] But I am saying that the structure was

[26:11] built specifically like this. And I'm

[26:13] saying it was activated exactly as it

[26:15] was designed, just as Taylor Foley Law

[26:18] says they do. uncommon tax law

[26:21] practices. I'm saying who knew is what I

[26:25] actually want to know is what I'm

[26:26] asking. Here's what really gets to me is

[26:29] that this is donor money. Regular people

[26:32] sent $50, $100, $1,000 to TPUSA because

[26:36] they believed in something. Sure,

[26:38] there's plenty of billion-dollar donors

[26:41] that are giving millions and for their

[26:43] own intentions and and that happens in

[26:45] every organization for the most part,

[26:47] but most of this money comes from good

[26:49] people, hundreds of thousands of

[26:50] Americans that are conservative, believe

[26:52] in conservative values. And that money

[26:54] funded the premium on this life

[26:57] insurance policy that could have been

[26:58] double acted as hidden payments without

[27:01] taxation to Charlie Kirk or the

[27:04] president of the company. There's

[27:05] multiple ways that this could be used

[27:07] here. And now someone's collecting or

[27:09] going to collect through the LLC 20 to

[27:12] $50 million from Charlie Kirk's death.

[27:14] And I want to know if the donors knew.

[27:17] Did anyone tell them that their money

[27:18] was going into a life insurance scheme

[27:21] structured to pay whoever out that held

[27:23] the CEO title? Did anyone disclose that

[27:26] if Charlie Kirk died, the payout would

[27:28] go to the organization of GGLF

[27:32] of a Wyoming LLC controlled by by his

[27:35] successor? I don't think they knew that.

[27:38] I don't think that anyone told them. And

[27:39] I think this was hidden on purpose and

[27:42] in schedule L of form 9990 that nobody

[27:45] really reads. And now the donors are

[27:47] going to find out that someone from some

[27:51] other place that they don't even know

[27:53] who the hell I am. This is how they're

[27:56] going to find out because I'm bringing

[27:58] the evidence. This is so strange. They

[28:00] they have like multiple addresses. One

[28:02] in Wyoming. They're using it as a

[28:04] registered agents company. I mean this

[28:07] is these are not amateurs. These are

[28:09] specialist and creative transactional

[28:12] structures. They knew exactly what they

[28:14] were building and it worked just how it

[28:16] was designed. So why is Erica Kirk the

[28:19] CEO of Turning Point USA? Because the

[28:23] form 990 says entity owned by president

[28:27] CEO. Because if GGLF was dissolved when

[28:31] Charlie was died, then someone needed to

[28:33] own the LLC to reinstate it and somebody

[28:37] needed the LLC to exist to collect the

[28:40] insurance money and also to pay back the

[28:43] loan. Okay? If because someone needed

[28:46] that $25 to $50 million. That's exactly

[28:50] why. Because the only way to make all of

[28:52] this happen was to give Erica Kirk I'm

[28:55] [clears throat] losing my voice over

[28:56] this was to give Erica Kirk the title.

[28:58] That's the only way if that that's I

[29:01] mean some you gonna give it to Mikey you

[29:04] gonna give it to who? Who you going to

[29:05] give it to? Boyer? No. So now this is

[29:10] starting to make sense. But it is so

[29:14] corrupt. So let me tell you exactly what

[29:17] violation is set here specifically

[29:20] because this is important. After

[29:21] everything I've showed you isn't just

[29:24] questionable, okay? It may be illegal.

[29:26] So the violation under section 501c3

[29:30] of the internal revenue code taxexempt

[29:34] organizations are prohibited from

[29:36] allowing any part of their net earnings

[29:38] to end inure to the benefit of any

[29:41] private shareholder or individual.

[29:43] That's called private endurement. It's

[29:45] an absolute prohibition. It's an

[29:47] absolute zero tolerance. The IRS defines

[29:50] an endurement as an insider, an officer,

[29:53] director, key employee, or any related

[29:55] to them unfairly benefiting from a

[29:58] nonprofit's resources by virtue of their

[30:00] position. Let me read you what qualifies

[30:03] from the IRS own documentation.

[30:06] Loans to insiders, excessive

[30:09] compensation, paying more than fair

[30:11] market value in exchange for goods or

[30:13] services provided by an insider. The

[30:15] penalties for such are similar in all.

[30:18] Okay. Under section five uh 4958 of the

[30:22] Internal Revenue Code, the IRS can

[30:24] impose what are called intermediate

[30:26] sanctions, excise taxes, and penalties.

[30:29] And they don't just hit the nonprofit,

[30:31] they hit the individuals themselves, the

[30:33] people who benefited and the board

[30:35] members who approved it. Because

[30:36] remember, board members approved this.

[30:40] Look, approved by board committee, yes

[30:42] or no? Yes. Written agreement? Yes. All

[30:46] right. Don't forget this. So, their

[30:49] first tier of tax, 25% of the excessive

[30:52] benefit paid by the disqualified person

[30:55] who received it. There's another second

[30:57] tier if the violation isn't corrected

[30:59] within the taxable period. An additional

[31:02] 200% that's not a typo. 200% on top of

[31:05] the 25 organization manager tax. 10% of

[31:09] any board member knowingly participating

[31:11] in the excess benefit transaction capped

[31:14] at $20,000 per transaction per manager.

[31:16] And if it's not bad enough, revocation

[31:19] of taxexempt status entirely. This is

[31:22] why Erica Kirk is the CEO of Turning

[31:24] Point USA.

[31:29] Storm, cut those chains that creators

[31:30] warn.