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February 22, 2024
‘Guardian Angel’ donations top $124 million in 2023
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Donations from five billionaires accounted for 79% of donations, some supported election denial campaigns.
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OpenSecrets launches $24 for 2024 Campaign
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Virginia state lawmakers quietly killed a bill to limit campaign donations
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The Democrat-controlled Virginia General Assembly quietly killed a bill that would limit how much money politicians can accept from campaign donors, letting the measure expire in a state House committee last week without so much as a hearing.
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Chart of the Week
Dive deeper into the data behind the headlines
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The Uihleins, along with conservative billionaires Kenneth Griffin, Jeffrey Yass and Timothy Mellon, are among the guardian angel donors funding political committees supporting Republicans.
The Uihleins donated over $35 million in total with $20 million of that as guardian angel donors, according to year-end data, including nearly $11 million to Restoration PAC which has been widely reported to fund election denial campaigns.
In addition to the large influx of funds from conservative donors, groups on the other side of the aisle also received guardian angel funding from big names. Reid Hoffman, who has been a consistent donor to Democrats and liberal groups, donated nearly $11 million to various committees as a guardian angel, including Republican Accountability PAC. The super PAC, which actively campaigns against former President Donald Trump, received $4 million from the billionaire.
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OpenSecrets in the News
See our media citations from outlets around the nation this week:
A Nerve Center for the Right Wing Rises in Washington (The New York Times) [[link removed] Conservative Partnership Institute has,fast growth is raising questions.]
The Conservative Partnership Institute has become a breeding ground for the next generation of Trump loyalists and an incubator for policies he might pursue. Its fast growth is raising questions. Unlike some charities, which can engage in some political activity, a tax-exempt nonprofit like C.P.I. cannot be partisan. That said, such groups are permitted to be ideological, according to Anna Massoglia, the editorial and investigations manager at the watchdog group OpenSecrets.
Could how Democrat Tom Suozzi campaigned on immigration help his party win nationally? (ABC News) [[link removed]]
The House Majority PAC said that its internal research showed that Democrats did better "when they went on offense" to speak about the economy during the 2022 midterm elections. "Democrats must do the same on immigration," the group wrote. The House Majority PAC spent around $7 million to support Suozzi's bid, according to an analysis of Federal Elections Commission records by OpenSecrets.
[[link removed]] [[link removed]] Tax records reveal the lucrative world of covid misinformation [[link removed]] (The Washington Post) [[link removed]] [[link removed]]
Four nonprofits that capitalized on the spread of medical misinformation during COVID-19 raised over $118M. Children’s Health Defense, an anti-vaccine group founded by Robert F. Kennedy Jr., received $23.5M in 2022 alone. Some of the individuals behind the family foundations or trusts that fund the four groups also contributed the legal maximum in personal donations to Kennedy’s presidential bid, according to OpenSecrets, which tracks political donations
Progressive group preparing $30M turnout effort ahead of November (The Hiil) [[link removed]]
Rightwing mega-donors drift back to Trump as election rematch looms (The Guardian) [[link removed] mega-donors drift back to Trump as election rematch looms,-Former president is&text=Donald Trump's efforts to court,again be the Republican candidate.]
Fact checking the final California Senate debate: Who was right about the economy, oil and ads? (The Sacramento Bee) [[link removed]]
Winklevoss Twins Give $4.9 Million to Crypto Super PAC (Bloomberg) [[link removed]]
Who's actually paying for the ads against the Florida social media bill? You won't know (Tallahassee Democract) [[link removed]]
Perlmutter lobbying on cannabis banking bill (Politico) [[link removed]]
Teamsters give GOP first major donation in years with $45,000 to RNC (The Washington Post) [[link removed]]
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