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American Action Network, a Washington group formed by Republican power broker Frederic V. Malek and run by former senator Norm Coleman (R-Minn.), collected $2.75 million from July 2009 to June 2010 in just 11 checks, the filing shows. The largest were two checks for $1 million apiece, and the smallest were two checks for $25,000.
Due to its tax-exempt status as a 501(c)(4) advocacy group, the Network is not required to reveal the donor names.
It is a couple of rich people who can hide their identity behind a c-4 tax status.
Brian O. Walsh, the Networks new president, responded that the initial filing reflected revenues needed for the groups start-up, and that its donor base expanded as the group collected another $24 million or so in the four months preceding the election. He declined to discuss how many additional donors it had.
‘Grass-roots’ group financed by only 11 checks - The Washington Post
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New FEC filings show that American Crossroads, the Karl Rove-backed group that is pouring money into attack ads targeting Democrats around the country, continues to be funded virtually entirely by billionaires.
Billionaires give 91 percent of funds for Rove-tied group
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Does anyone wonder why Republicans want to cut taxes and give subsidies to millionaires and billionaires?
Due to its tax-exempt status as a 501(c)(4) advocacy group, the Network is not required to reveal the donor names.
It is a couple of rich people who can hide their identity behind a c-4 tax status.
Brian O. Walsh, the Networks new president, responded that the initial filing reflected revenues needed for the groups start-up, and that its donor base expanded as the group collected another $24 million or so in the four months preceding the election. He declined to discuss how many additional donors it had.
‘Grass-roots’ group financed by only 11 checks - The Washington Post
-----------------------------------------
New FEC filings show that American Crossroads, the Karl Rove-backed group that is pouring money into attack ads targeting Democrats around the country, continues to be funded virtually entirely by billionaires.
Billionaires give 91 percent of funds for Rove-tied group
----------------------------------------------------
Does anyone wonder why Republicans want to cut taxes and give subsidies to millionaires and billionaires?