Donor Advised Fund
Donor-advised fund serving as "dark money ATM" for conservative movement. Distributes funds to conservative and libertarian 501(c)(3) organizations without disclosing original donors. Financials (2023): Revenue $158 million, Expenses $358 million, Assets $1.29 billion. Raised over $1 billion in 2021. Major donors include Charles Koch Foundation, Bradley Foundation, DeVos family, Robert and Rebekah Mercer ($20M in 2020), and Marble Freedom Trust ($41M in 2021). Key recipients include The Heritage Foundation, Federalist Society, Americans for Prosperity, and Turning Point USA.
Status
activeIndustry
Donor Advised Fund
Headquarters
Alexandria, Virginia
Founded
January 1, 1999
Connections
Database ID
#22222222-2222-2222-2222-222222222263
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