Search This Blog

Defying the Odds

Defying the Odds
New book about the 2016 election.

Tuesday, November 19, 2013

Crossroads and Big Checks

Three massive checks helped fuel Karl Rove’s $300 million dollar campaign against President Barack Obama and Senate Democrats.
Crossroads GPS, the nonprofit affiliate of the super PAC American Crossroads, reported receiving three eight-figure contributions —of $22.5 million, $18 million and, $10 million, during 2012, according to tax documents released Monday

The nonprofit group reported receiving $179.7 million and spending $188.9 million in 2012. The super PAC, meanwhile raised and spent $117 million in 2011 and 2012.
The names of all three mega-donors to Crossroads GPS were redacted. Tax law allows Crossroads GPS and other similar nonprofits to keep their donors secret. The group voluntarily released a redacted list of all donation amounts over $5,000 with donor names removed.
Crossroads GPS had 53 contributions of $1 million or more to the organization in 2012, with 291 donors giving more than $5,000. The group reported that 1,545 donors gave during the 2012 calendar year.
The nonprofit spent nearly $190 million during the calendar year, including $74.5 million on advocacy, $35 million in grants to other nonprofits and $74.2 million on direct political activities.
It also spread the wealth to other nonprofits — including $26.4 million to Grover Norquist’s Americans for Tax Reform group. GPS gave $2 million to the nonprofit Americans for Job Security and about $2.2 million to the Center for Individual Freedom — both 501c nonprofit groups allowed to keep their donors secret.