Tags: 2014 Midterm Elections | conservative | congress | candidates | 2012 | fundraising

Conservative American Action Network Raised $24 Million

By Melanie Batley   |  

The American Action Network raised $24.4 million to elect Republican congressional candidates in 2012, and more than a quarter of the funds that year came from a single anonymous donation of $6.7 million.

The figures are based on the nonprofit group's latest tax return covering the period of July 1, 2012 to June 30, 2013, according to USA Today, and also showed that the organization's funds came from just 69 donors, seven of which exceeded donations of $1 million each.

"The network had a strong year of growth and success," Dan Conston, the group's spokesman, told USA Today. "We expanded our donor base. We built the backbone of our grass-roots network. We fought to fix our immigration system and against a healthcare law that just doesn’t work."

The figures represent an increase from the year before when the organization raised $22.6 million from 45 donors, which it used to target dozens of Democratic House and Senate candidates.

The group reported spending more than $18.9 million in the 2010 congressional elections, according to OpenSecrets.org.

American Action Network shares office space with Crossroads GPS/American Crossroads, one of the largest outside spending networks, which has ties to GOP operative Karl Rove. Immigration reform is one of the group's top priorities.

According to USA Today, the group also distributed nearly $11.5 million to other groups, including $4.9 million to Founding Fund, a Virginia organization that was working on growing its base of grass-roots activists. It gave another $3 million to Citizens for a Working America whose stated mission is to promote "sound economic policy," and $850,000 to Protect Your Vote Ohio, which was working on a ballot initiative on redistricting, USA Today reported.

American Action Network is a conservative 501(c)(4) group, launched in February 2010 by former Minnesota GOP Sen. Norm Coleman and veteran Republican fundraiser Fred Malek. Because of its tax status under the "social welfare" section of the tax code, it does not disclose the identities of its donors.

For the 2014 cycle, the group has already spent $515,905, according to OpenSecrets.org. , and it was involved in funding the surprise upset victory for Florida Republican David Jolly's congressional campaign in a November special election to replace the late Bill Young.

Related Stories:

© 2015 Newsmax. All rights reserved.

1Like our page
2Share
Politics
The American Action Network raised $24.4 million to elect Republican congressional candidates in 2012, and more than a quarter of the funds that year came from a single anonymous donation of $6.7 million.
conservative, congress, candidates, 2012, fundraising
390
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved