Wednesday, August 14, 2013

Koch-Funded Franklin Center "Watchdogs" Infiltrate State Capitols

Koch-Funded Franklin Center "Watchdogs" Infiltrate State Capitols
"The Franklin Center does not disclose its funders. But based on a review of the annual IRS filings of foundations that fund groups like Franklin, as of 2011 (the most recent available financial data), 95 percent of the group's funding comes from DonorsTrust and Donors Capital Fund. These two related entities are "donor-advised funds" that were spun off by the Philanthropy Roundtable and cloak the identity of donors to right-wing causes across the country. Mother Jones has called the combined Donors funds "the dark-money ATM of the conservative movement." The Franklin Center received the Donors funds' second-largest donation in 2011. Among the most prominent funders of Donors is the Knowledge and Progress Fund, a Charles Koch-run organization, which contributed nearly $8 million from 2005 to 2011."

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