Investigating Power
DonorsTrust — the donor conduit favored by the Koch political network — funneled over $152.5 million to MAGA groups, right-wing national and state think tanks and litigation centers, hate groups, youth groups, and more in 2023, according to an analysis of its latest IRS filing obtained by the Center for Media and Democracy.
A review of IRS tax filings reveals that six of the groups leading the legislative attack against environmental, social, and governance (ESG) investing principles have received more than $85 million in recent years from several large foundations.
Missouri Secretary of State Jay Ashcroft is using his efforts to curtail ESG investing in his bid for the GOP nomination for governor, which will be determined through the Republican primary on August 6.
The State Financial Officers Foundation, a membership group of 37 Republican state treasurers, auditors, and financial executives weaponized to fight “woke” capitalism, more than doubled its revenue in 2022 — to over $2 million — according to its latest IRS filing obtained by the Center for Media and Democracy.
The Milwaukee-based Lynde and Harry Bradley Foundation and its “aligned” donor advised fund funneled a total of $86.4 million to right-wing litigation outlets, national and state policy groups, media outlets, youth groups, and higher education in 2022, according to an analysis of its most recent IRS filings obtained by the Center for Media and Democracy.
To hide their identities from public scrutiny, megadonors used the Koch political network’s favorite conduit, DonorsTrust, to funnel $134 million to groups promoting the Right’s culture wars and spreading climate misinformation, Trump’s big lie, and hate, as indicated in IRS filings obtained by the Center for Media and Democracy.
Ramaswamy’s own conflict of interest in attacking BlackRock shows just how difficult it is for public pension managers to avoid ESG investments if they own any ETFs — as do most pension funds — since they represent the most significant stocks bought and sold on the market every day.
A senior operative in Leonard Leo’s influence network now holds a seat on the Energy, Environment and Agriculture task force of the American Legislative Exchange Council—a task force that is increasingly dominated by anti-woke warriors and leaders in the fossil fuel industry.
At last week’s annual meeting of the American Legislative Exchange Council (ALEC), a fossil fuel industry consultant teamed up with a right-wing culture warrior to lobby ALEC lawmakers to move legislation that punishes companies embracing sustainable business practices.
Republican state lawmakers, corporate lobbyists, and right-wing operatives are descending on Orlando this week for the 50th Annual Meeting of the American Legislative Exchange Council ready to fight “woke capitalism,” extend a lifeline to big polluters, ban ranked-choice voting, attack bodily autonomy, and consider an array of other model policies.