Search results
Results from the WOW.Com Content Network
In 1995, American philanthropist Colleen Willoughby founded the Washington Women's Foundation with a collective giving structure, [22] and by 2007, the group grew to 460 members. [23] The Kew Giving Circle in Kew , south west London , initiated by British charity chief executive Judy Weleminsky , started meeting in January 1999. [ 24 ]
In the United States, some types of nonprofit organizations may spend money on campaigns without disclosing who their donors are. The most common type of dark money group is the 501(c)(4) (often called social welfare organizations). [3] [4] Such organizations can receive unlimited donations from corporations, individuals and unions.
Philanthropy in the United States is the practice of voluntary, charitable giving by individuals, corporations and foundations to benefit important social needs. Its long history dates back to the early colonial period, when Puritans founded Harvard College and other institutions.
Arabella Advisors is a Washington, D.C.–based for-profit consulting company that advises left-leaning donors and nonprofits about where to give money and serves as the hub of a politically liberal "dark money" network. [2]
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". [1] Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. [1]
Shadow campaigns (or dark money) refers to spending meant to influence political outcomes where the source of the money is not publicly disclosed or is difficult to trace. [1] United States campaign finance law has been regulated by the Federal Election Commission since its creation in the wake of the Watergate Scandal in 1975, and in the years ...
In the 2018 midterm elections, Democratic candidates fundraised $1.6 billion through ActBlue's platform. [25] In 2019, ActBlue raised roughly $1 billion for Democratic campaigns. [26] The Daily Beast noted that between January and mid-July 2019, ActBlue brought in $420 million. [27] In 2020, several fundraising records were broken.
The Sunlight Foundation was founded by Ellen S. Miller and Michael R. Klein because of their concern about the influence of money in politics. The Foundation was launched in April 2006 with a $3.5 million contribution from co-founder Klein, a securities lawyer and the founder of CoStar Group.