There Is No Legal Definition Of “Dark Money,” But It Generally Has Been Understood To Mean Funds Spent To Influence Politics By Nonprofits That Do Not Disclose Their Donors.
Learn more about their outsize influence below. They’ve been spreading around that money to white supremacist organizations, jan. It also helped democratic donors send money to other dark money groups that popped up during the 2020 election cycle to target vulnerable republican senators.
Among The Top Donors Were Miriam Adelson And Her Recently Deceased Husband, Casino Magnate Sheldon Adelson, Hedge Fund Ceo Ken Griffin, Mellon Steel Fortune Heir Timothy Mellon, Blackstone Ceo Stephen Schwarzman, And Uline Owner Richard Uihlein.
Donations over $13,200 need to be disclosed, but by splitting payments into smaller chunks donors can avoid detection. This is the biggest loophole for dark money. Dark money refers to contributions to political groups that are received from donors whose identities are not disclosed and that are used to influence elections.
[Noun] Money Contributed To Nonprofit Organizations (Especially Those Classified As Social Welfare Organizations And Business Leagues) That Is Used To Fund Political Campaigns Without Disclosure Of The Donors' Identities.
The new fec filing shows billionaire donors from around the country. If the lack of public disclosure is an important part of the definition of “dark money,” then these money flows also fit. For instance, nearly $4 million went.
Dark Money Dark Money Groups Spend Millions To Shape Our Elections Without Revealing Where Their Money Comes From.
6 organizers, conservative causes, and. The daf provider (in this example, fidelity) reports publicly that it has made a grant to the charity, but it does not publicly report who made the original donation. “dark money” refers to spending meant to influence political outcomes where the source of the money is not disclosed.
The Late Republican Megadonors Richard And Helen Devos Gave $1 Million To The Group In October 2012.
Politically active nonprofits such as 501(c)(4)s are generally under no legal obligation to disclose their donors even if they spend to influence elections. Even the charity receiving the grant may never know the original donor. It would have made more of these dark money groups required to disclose their donors.