Leo presides over a multi-billion-dollar community of tax-exempt nonprofit teams and has used it, partly, to prepare campaigns over the previous decade to put in the Supreme Courtroom’s conservative majority.
American for Public Belief is a nonprofit group run by the previous analysis director for the Nationwide Republican Congressional Committee. The group usually publicly criticizes progressive so-called darkish cash teams that would not have to reveal their donors. On Wednesday, it highlighted the tax filings for numerous progressive nonprofits, together with the Sixteen Thirty Fund.
The group’s donations fell considerably between 2021 and 2022, from about $3.6 million to $1.6 million. As a 501(c)(3) charity, it doesn’t need to disclose its donors. In the meantime, the quantity paid to CRC Advisors between 2021 and 2022 elevated from $470,092 to $480,905. The funds to Leo’s agency now represent about 28 p.c of its complete expenditures.
A spokesperson for the group didn’t instantly return a request for added particulars about CRC’s work for People for Public Belief.
A lot of Leo’s aligned teams pay his for-profit firm, CRC, and they don’t seem to be required to reveal what providers they’re buying.
However Leo has declined to say what providers have been offered in change for no less than $43 million transferred to his firm within the two years since he had come on board in 2020. Leo, by way of an legal professional, additionally lately instructed POLITICO that he’s not cooperating with the D.C. investigation.
Beforehand, POLITICO’s investigation discovered his personal private wealth appeared to have ballooned as his fundraising prowess accelerated since 2016, when he grew to become an adviser to former President Donald Trump on judicial nominations.
In a press release, Accountable.US criticized the group for sending cash from a nonprofit again to Leo’s personal enterprise.
“People for Public Belief’s allegiance to Leonard Leo couldn’t be extra apparent — even because the group’s income is plummeting, it continues to funnel nearly a 3rd of its bills straight to Leo’s agency,” mentioned Accountable.US President Caroline Ciccone.
It additionally seems that almost all of People for Public Belief’s contributions and grants got here from DonorsTrust, a outstanding conservative donor fund. It gave the group $1,579,000 in 2022, in response to DonorsTrust’s current submitting.
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