World Courant
Leo presides over a multi-billion-dollar community of tax-exempt nonprofit teams and has used it, partially, to arrange campaigns over the previous decade to put in the Supreme Courtroom’s conservative majority.
American for Public Belief is a nonprofit group run by the previous analysis director for the Nationwide Republican Congressional Committee. The group usually publicly criticizes progressive so-called darkish cash teams that do not need to reveal their donors. On Wednesday, it highlighted the tax filings for a variety of progressive nonprofits, together with the Sixteen Thirty Fund.
The group’s donations fell considerably between 2021 and 2022, from about $3.6 million to $1.6 million. As a 501(c)(3) charity, it doesn’t must disclose its donors. In the meantime, the quantity paid to CRC Advisors between 2021 and 2022 elevated from $470,092 to $480,905. The funds to Leo’s agency now represent about 28 % of its complete expenditures.
A spokesperson for the group didn’t instantly return a request for extra particulars about CRC’s work for Individuals for Public Belief.
Lots of Leo’s aligned teams pay his for-profit firm, CRC, and they aren’t required to reveal what companies they’re buying.
However Leo has declined to say what companies have been offered in change for not less than $43 million transferred to his firm within the two years since he had come on board in 2020. Leo, by means of an legal professional, additionally not too long ago advised POLITICO that he’s not cooperating with the D.C. investigation.
Beforehand, POLITICO’s investigation discovered his personal private wealth appeared to have ballooned as his fundraising prowess accelerated since 2016, when he turned an adviser to former President Donald Trump on judicial nominations.
In a press release, Accountable.US criticized the group for sending cash from a nonprofit again to Leo’s personal enterprise.
“Individuals for Public Belief’s allegiance to Leonard Leo couldn’t be extra apparent — even because the group’s income is plummeting, it continues to funnel nearly a 3rd of its bills straight to Leo’s agency,” mentioned Accountable.US President Caroline Ciccone.
It additionally seems that almost all of Individuals for Public Belief’s contributions and grants got here from DonorsTrust, a outstanding conservative donor fund. It gave the group $1,579,000 in 2022, in line with DonorsTrust’s current submitting.
Leonard Leo’s agency bought almost $500K from conservative nonprofit, tax submitting exhibits
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