Tags: Campaign | spending | nonprofit | donors

One-Third of Presidential Campaign Spending From Nonprofits

Tuesday, 07 Feb 2012 12:02 PM

About one-third of the money that has poured into the presidential election so far has come from nonprofit groups that never will have to disclose their donors. The largest share of the money has come from conservative groups hoping to defeat President Barack Obama, The Washington Post reported.

Congressional races that could decide which party controls the House and Senate also are part of the largesse of the nonprofit groups. Unlike the other outside major player, super PACS, the nonprofits are not required to name the companies, unions, or individuals who pay for the ads they run, according to the Post.

Groups with confidential donors have spent $24 million on political ads, a Post analysis found. The Karl Rove-backed nonprofit Crossroads GPS has spent more than $10 million targeting Obama. Americans for Prosperity, with ties to Koch brothers, has spent about $7 million on ads. Two super PACs supporting Democrats transferred $200,000 from their nonprofit counterparts to the super PACs. As a result, part of the budgets of American Bridge 21st Century and Priorities USA Action have part of their budgets funded by secret donations, the Post reported.

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