Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

dalton99a

(81,708 posts)
Fri May 12, 2023, 10:03 AM May 2023

Leonard Leo's Group Spent $183 Million in a Year

https://www.nytimes.com/2023/05/12/us/politics/leonard-leo-marble-freedom-trust.html
https://archive.ph/oFSgw

Group Tied to Influential Conservative Activist Spent $183 Million in a Year
The activist, Leonard Leo, has been instrumental in pushing the federal judiciary to the right. A new tax filing offers a glimpse of the deep pool of money flowing into conservative causes.
By Rebecca Davis O’Brien
May 12, 2023, 5:00 a.m. ET

A deep-pocketed nonprofit organization founded by the conservative activist Leonard A. Leo gave away $182.7 million in a year’s time, a new tax filing shows, demonstrating how aggressively it has worked behind the scenes to prop up other groups and causes on the right.

The organization, Marble Freedom Trust, was formed in 2020 and was funded by a gift of more than $1.6 billion — an extraordinary windfall that resulted from a single donor’s contribution of 100 percent of a company’s shares before the company was sold, leaving Marble with the proceeds of the sale, The New York Times reported last year.

Mr. Leo, a lawyer and former executive at the Federalist Society, has been instrumental in conservatives’ yearslong effort to push the federal judiciary to the right, both through his direct guidance to Republican leaders and by financing conservative causes. In recent years, he has built an opaque, far-reaching network of organizations — many of which have funding sources that are not required to be disclosed — that can influence elections and other matters, including education policy, abortion and campus free speech issues.

Marble Freedom Trust, a tax-exempt 501(c)(4) “social welfare” organization, is a centerpiece of Mr. Leo’s network. The group’s stated mission is to “maintain and expand human freedom consistent with the values and ideals set forth in the Declaration of Independence and the Constitution.”

It was not immediately clear from the group’s record of contributions how Marble was realizing that mission. The recent filing for Marble — a tax record for the year ending on April 30, 2022, that was obtained by the liberal transparency group Accountable.US — does not reveal much about the ultimate destination of the $182.7 million.

...
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Leonard Leo's Group Spent $183 Million in a Year (Original Post) dalton99a May 2023 OP
So, they took over when the NRA got busted. Cracklin Charlie May 2023 #1
K&R for visibility. crickets May 2023 #2
George Soros money is nothing compared to the dozens of megalomaniacal billionaires Midnight Writer May 2023 #3
We have a slight edge in big money donors Zeitghost May 2023 #5
How about Dark Money? Midnight Writer May 2023 #6
Those stats Zeitghost May 2023 #7
This is just ONE of how many nonprofit organizations that are out to destroy our democracy? spanone May 2023 #4
Citizens United will doom us. BeckyDem May 2023 #8

Cracklin Charlie

(12,904 posts)
1. So, they took over when the NRA got busted.
Fri May 12, 2023, 10:29 AM
May 2023

Ya know…I could use $183. They got 183 million to give to already rich people.

But then, I like being able to sleep at night. I don’t think I could, if I was going around using money and hate as a weapon.

Midnight Writer

(21,856 posts)
3. George Soros money is nothing compared to the dozens of megalomaniacal billionaires
Fri May 12, 2023, 04:21 PM
May 2023

and corporations on the Right.

Zeitghost

(3,896 posts)
7. Those stats
Fri May 12, 2023, 04:38 PM
May 2023

Claim to incorporate donations to candidates, parties and PACs, so it would include dark money.

spanone

(135,950 posts)
4. This is just ONE of how many nonprofit organizations that are out to destroy our democracy?
Fri May 12, 2023, 04:30 PM
May 2023

And where does this money go?

Latest Discussions»General Discussion»Leonard Leo's Group Spent...