Open Secrets has some good posting on Dark Money. The Basics on how that's classified, court cases and types.
Top Election Spenders
Super Pacs
Then there are Leadership Pacs.
Donations to Trump's legal funds for court cases also fund his newly formed leadership Pac - 50% at the start, 60% later, and now at 75%. All are considered charitable organizations under Tax Codes like 501(c)s.
Trump tells his donors they’re paying for recounts. They aren’t.
The president is mostly raising money for a post-White House leadership PAC (WaPo)
Excerpts:
Top Election Spenders
Who are the biggest Dark Money Spenders?
Disclosure requirements mandate that direct political expenditures must be reported to the Federal Election Commission (FEC). However, expenses by Dark Money groups that are earmarked as educational or membership building fall outside of these requirements. Despite this, these groups do report a large portion of what they spend during election cycles.
This spending has changed over time as organizations have evolved, new rules are established, and requirements are loosened. Some of the most important milestones are outlined below....
Super Pacs
Super PACs are a relatively new type of committee that arose following the July 2010 federal court decision in a case known as SpeechNow.org v. Federal Election Commission.
Technically known as independent expenditure-only committees, super PACs may raise unlimited sums of money from corporations, unions, associations and individuals, then spend unlimited sums to overtly advocate for or against political candidates. Unlike traditional PACs, super PACs are prohibited from donating money directly to political candidates, and their spending must not be coordinated with that of the candidates they benefit. Super PACs are required to report their donors to the Federal Election Commission on a monthly or semiannual basis — the super PAC's choice — in off-years, and monthly in the year of an election.
As of November 23, 2020, 2,216 groups organized as super PACs have reported total receipts of $2,530,282,448 and total independent expenditures of $1,892,549,922 in the 2019-2020 cycle.
Then there are Leadership Pacs.
Politicians collect money for their own campaigns — we all know that. But many of them also raise a separate pot of money, commonly called a leadership political action committee, to help other politicians. By making donations to members of their party, ambitious lawmakers can use their leadership PACs to gain clout among their colleagues and boost their bids for leadership posts or committee chairmanships. Politicians also use leadership PACs to lay the groundwork for their own campaigns for higher office. And some use their PACs to hire additional staff—sometimes even their family members—and to travel around the country or eat in some of Washington's finest restaurants. The limits on how a politician can spend leadership PAC money are not especially strict.
Donations to Trump's legal funds for court cases also fund his newly formed leadership Pac - 50% at the start, 60% later, and now at 75%. All are considered charitable organizations under Tax Codes like 501(c)s.
Trump tells his donors they’re paying for recounts. They aren’t.
The president is mostly raising money for a post-White House leadership PAC (WaPo)
Excerpts:
Although the fundraising emails refer to an “election defense task force” or an “election defense fund,” in reality, donors are giving to the Trump Make America Great Again Committee, where contributions are split between Trump’s committees and the RNC.
On Tuesday, a week after the election, the small print changed: Now, 60 percent of every donation goes to Trump’s new leadership PAC, Save America. Only after a donor gives the $5,000 legal maximum to Save America would any portion of their contribution go to Trump’s recount effort.
The remainder of every check, 40 percent, goes to the RNC, up to the legal maximum of $35,500. Only donors who’ve maxed out to the RNC will have their contributions deposited in the party’s legal and headquarters accounts, each of which can accept contributions of up to $106,500.
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