Big Corporations Put Up Seed Funding for Republican Dark Money Group
Source: ProPublica
Some of the nations biggest corporations donated more than a million dollars to launch a Republican nonprofit that went on to play a key role in recent political fights.
Like the nonprofit groups that poured money into last years elections, the decade-old State Government Leadership Foundation has been able to keep the identities of its funders secret. Until now.
A records request by ProPublica to the IRS turned up a list of the original funders of the group: Exxon, Pfizer, Time Warner, and other corporations put up at least 85 percent of the $1.3 million the foundation raised in the first year and a half of its existence, starting in 2003.
The donor list is stamped not for public disclosure, and was submitted to the IRS as part of the foundations application for recognition of tax-exempt status. If approved, such applications are public records.
Read more: http://www.propublica.org/article/big-corporations-put-up-seed-money-for-republican-nonprofit
Despite all the recent re-branding efforts of the Republican party, the fact of the matter is that it is still the same old Republican party with multinationals and billionaires pulling the strings from the shadows.
Dustlawyer
(10,497 posts)Besides attack ads, everyone of its members has access to House and Senate members ALL OF THE TIME!!!
Maineman
(854 posts)Yes, these lobbying groups are part of the corporate business plan. No way should they qualify as charitable organizations.