Difference between revisions of "Donors Capital Fund"
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'''Donors Capital Fund''' (DCF) is a non-profit Virginia-based donor advised charity that distributes grants to politically conservative and libertarian organisations. | '''Donors Capital Fund''' (DCF) is a non-profit Virginia-based donor advised charity that distributes grants to politically conservative and libertarian organisations. | ||
| − | Known as a right wing 'slush fund' , it enables wealthy donors to fund organisations anonymously. Founded in 1999, it is a 'supporting organisation' to sister organisation the [[Donors Trust]]. | + | Known as a right wing 'slush fund' , it enables wealthy donors to fund organisations anonymously. Founded in 1999, it is a 'supporting organisation' to sister organisation the [[Donors Trust]]. |
==Donations== | ==Donations== | ||
===Middle East Forum=== | ===Middle East Forum=== | ||
Much of this neoconservative and anti-Muslim think tank's income in recent years has been channelled through the [[Donors Capital Fund]]. In 2014 this totalled USD $1.95million. A smaller amount of $30,000 for the same year came via the affiliated [[Donors Trust]]. Our analysis of past donations to MEF indicates that recent big funders such as Sears Roebuck heiress [[Nina Rosenwald]]'s [[Abstraction Fund]], among others, is possibly now using DCF as a conduit. <ref> Analysis by Spinwatch of grants recorded on the [http://conservativetransparency.org/recipient/middle-east-forum/ Conservative Transparency Database], latest search 12 October 2016 </ref> | Much of this neoconservative and anti-Muslim think tank's income in recent years has been channelled through the [[Donors Capital Fund]]. In 2014 this totalled USD $1.95million. A smaller amount of $30,000 for the same year came via the affiliated [[Donors Trust]]. Our analysis of past donations to MEF indicates that recent big funders such as Sears Roebuck heiress [[Nina Rosenwald]]'s [[Abstraction Fund]], among others, is possibly now using DCF as a conduit. <ref> Analysis by Spinwatch of grants recorded on the [http://conservativetransparency.org/recipient/middle-east-forum/ Conservative Transparency Database], latest search 12 October 2016 </ref> | ||
| − | In total, MEF has received USD $10,365,000 of unspecified grants via the Donors Capital Fund according to | + | |
| + | In total, MEF has received USD $10,365,000 of unspecified grants via the Donors Capital Fund according to the latest compiled filings on the Conservative Transparency . <ref> [http://conservativetransparency.org/top/?recipient=29259&yr=&yr1=&yr2=&submit= Conservative Transparency Database], latest search for MEF grants as of 12 October 2016 </ref> An analysis by Rightweb shows that US $2,300,000 of this was given to the MEF between 2000-09.<ref>[http://www.rightweb.irc-online.org/images/uploads/Right_Web_Nov._2011_-_MEF_Funding_.pdf MEF Funding], ''rightweb.irc'', accessed 29 January 2016</ref> | ||
===Clarion Fund=== | ===Clarion Fund=== | ||
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*[[David Horowitz Freedom Center]] - $300,000 <ref name="IRS 2013"/> | *[[David Horowitz Freedom Center]] - $300,000 <ref name="IRS 2013"/> | ||
| − | + | ===Pro-fracking film=== | |
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Donors Trust/ Donors Capital Fund - partially funded ''Fracknation'' film makers' first two films <ref>Steve Horn, [http://www.desmogblog.com/2013/06/03/exposed-fracknation-deploys-tobacco-playbook-response-gasland-2 "FrackNation" Part Two: The Koch Industries Ties That Bind], Desmogblog.com, 4 June 2013 </ref> | Donors Trust/ Donors Capital Fund - partially funded ''Fracknation'' film makers' first two films <ref>Steve Horn, [http://www.desmogblog.com/2013/06/03/exposed-fracknation-deploys-tobacco-playbook-response-gasland-2 "FrackNation" Part Two: The Koch Industries Ties That Bind], Desmogblog.com, 4 June 2013 </ref> | ||
Revision as of 03:59, 12 October 2016
Donors Capital Fund (DCF) is a non-profit Virginia-based donor advised charity that distributes grants to politically conservative and libertarian organisations.
Known as a right wing 'slush fund' , it enables wealthy donors to fund organisations anonymously. Founded in 1999, it is a 'supporting organisation' to sister organisation the Donors Trust.
Contents
Donations
Middle East Forum
Much of this neoconservative and anti-Muslim think tank's income in recent years has been channelled through the Donors Capital Fund. In 2014 this totalled USD $1.95million. A smaller amount of $30,000 for the same year came via the affiliated Donors Trust. Our analysis of past donations to MEF indicates that recent big funders such as Sears Roebuck heiress Nina Rosenwald's Abstraction Fund, among others, is possibly now using DCF as a conduit. [1]
In total, MEF has received USD $10,365,000 of unspecified grants via the Donors Capital Fund according to the latest compiled filings on the Conservative Transparency . [2] An analysis by Rightweb shows that US $2,300,000 of this was given to the MEF between 2000-09.[3]
Clarion Fund
In 2008, the Clarion Fund received a grant of $17,778,600 from Donors Capital Fund, which also funded Security Research Associates, a group run by anti-Islam activist and radio host Tom Trento who assisted in the distribution of the Islamophobic film Obsession which was produced by Clarion.[4][5] The grant was nine times the income of the previous year (2007). [6]
Other grantees
- American Islamic Congress - $25,000
- Hudson Institute - $2,050,000
- Philanthropy Roundtable - $159,000
- CATO Institute - $100,000
- Middle East Forum - $1,725,000*
- Individual Rights Center - $55,000
- Center for Security Policy - $400,000
- Donors Trust - $3, 849,729
- Media Research Center - $5,000
- David Horowitz Freedom Center - $300,000 [7]
Pro-fracking film
Donors Trust/ Donors Capital Fund - partially funded Fracknation film makers' first two films [8]
Affiliations
People
- Adam Meyerson - Chairman/Bod
- Kimberley Dennis - Vice-chairman/secretary
- Whitney Ball - President
- Arthur Brooks - Board Member
- Steven Hayward - Treasurer/Bod
- Kris Mauren - Board member
- William Mellor - Board member
- Roger Ream - Board member
- John Von Kannon - Board member
- Jeffrey Zysik - Assistant treasurer [7]
Contact
- Website:
Resources
- Andy Kroll, Exposed: The Dark-Money ATM of the Conservative Movement, 5 February 2013
Notes
- ↑ Analysis by Spinwatch of grants recorded on the Conservative Transparency Database, latest search 12 October 2016
- ↑ Conservative Transparency Database, latest search for MEF grants as of 12 October 2016
- ↑ MEF Funding, rightweb.irc, accessed 29 January 2016
- ↑ Eli Clifton, Right Wing “Slush Fund” Behind 2008 Islamophobia Campaign, Lobelog.com, 28 October 2010
- ↑ Form 990 filing for Donors Capital Fund, Internal Revenue Service, Department of Treasury, 2008
- ↑ Pam Martens, [Koch Footprints Lead to Political Powder Keg The Far Right’s Secret Slush Fund to Keep Fear Alive], Counterpunch, October 26, 2010, accessed 2 March 2013
- ↑ 7.0 7.1 Form 990 2013, Foundation Center, accessed 21 January 2016
- ↑ Steve Horn, "FrackNation" Part Two: The Koch Industries Ties That Bind, Desmogblog.com, 4 June 2013
