Foundation for Madison PUblic Schools $pend$ to Support 2020 Referendum

Foundation for Madison Public Schools [Board] recently spent funds on a pro 2020 Tax & Spending increase referendum Facebook advertising campaign.

The advertisement.

The advertisement includes a reference to https://yes2investmsn.org

The Foundation for Madison Public Schools lists $9,011,063 in assets at the end of 2019 (!) via FMPS’ IRS Tax Form 990 “Return of Organization Exempt from Tax” .