Donor Advised Fund Dark Money to the Anti-ESG Lobby

Dark money donor advised funds backing the top advocates of state "anti-ESG" policies.
June 19, 2024
Chairman & CEOGrantGrantChairmanpresidentPresidentDonation/Grant · 3,005,000 USDFounderchief counselDonation/Grant · 7,800,000 USDFounderDonation/Grantsole trusteeDonation · 201,100 USDDonation/GrantFounderFounder AffiliationGrant · 153,000,000 USDDonation/GrantJEP director Donation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantParent OrgDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantService/TransactionDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantDonation/GrantSecond-largest private company in the US, involved in manufacturing, trading and investmentsKoch Industries,Inc.Conservative think tankThe HeritageFoundationLibertarian billionaire scion of the Koch empire.Charles KochNon-profit research and education organization, climate change denial front groupHeartlandInstituteConservative funding juggernautSarah ScaifeFoundationDunn Capital Management, Stuart FloridaWilliam A DunnConservative Policy think tank, publishes "Veritas"Texas PublicPolicy FoundationRight-wing Christian donor advised fundNational ChristianFoundationSolicits and manages donor advised fundsNationalPhilanthropicTrustOrganization designed to link state legislators with corporations and create templates for state legislationAmericanLegislativeExchange CouncilSchwab CharitableFundThe Lynde & Harry Bradley Foundation, based in Milwaukee, Wisconsin, is a conservative foundation with about half a billion US dollars in assets. According to the Bradley Foundation 1998 Annual ReportThe Lynde andHarry BradleyFoundationSearle FreedomTrustDivision of Vanguard Focused on Philanthropic Projects, Donor-Advised FundsVanguardCharitableEndowment Program“Dark Money ATM of the Conservative Movement”Donors TrustDunn Foundation for theAdvancement of RightThinkingBillionaire founder and CEO of shipping supplies manufacturer UlineRichard UihleinState Policy Network member think tank in FloridaFoundation for GovernmentAccountabilityAttorney, founded Marble Freedom Trust; former executive vice president of the Federalist Society; Republican fund raiser Leonard Leohub of well-funded politically conservative "dark money" networkConcord FundCharles Koch 501c(3) funding pass-throughKnowledge andProgress FundDiana DavisSpencer FoundationNon profit managed by Dick Uihlein Ed Uihlein FamilyFoundationJudicial Crisis Network; Leonard Leo protégé Carrie SeverinoDiana DavisSpencerFidelity Charitable is a 501(c)(3) public charity established in 1991. Fidelity Donor-advised fund.FidelityCharitableGrantmaking foundation controlled by Koch Industries CEO Charles KochCharles KochFoundationDonor-advised fund of the Bradley Family Foundation - "A Donor-Advised Fund for Conservatives"Bradley ImpactFundLeonard Leo group w/multiple aliasesThe 85 Fund501(c)4 nonprofit connected to Leonard LeoRule of Law TrustStand Together Chamber of Commerce is the 501(c)6 business league formerly known as Freedom Partners Chamber of Commerce and The Seminar Network Chamber of CommerceStand Togetherconnects Republican free-market state treasurers and auditors with industry and dark money groupsState FinancialOfficersFoundationConservative dark money fund Marble FreedomTrustKoch dark money groupCCKC4Koch 501c4 groupUnlikely GivingGrantmaking organization controlled by affiliates of Koch Industries, subsidiary of Stand Together Chamber of Commerce.Stand TogetherTrust
 

Dark Money to State Anti-ESG Advocates

$85 million flowed from 14 distinct groups of donors to the groups that have been most active in advocating for state anti-ESG legislation, in the last three years of available records. Half of these donors are donor advised funds, which act as go-between grant makers for donors who wish to remain anonymous:

https://www.exposedbycmd.org/2024/07/23/groups-behind-state-anti-esg-legislation-received-85-million-from-corporate-billionaires-and-dark-money-funds/ 

Most of the top donors to anti-ESG policy groups that can be identified also give money to these same donor advised funds, topping $720 million in grants in the last three years. In turn, the donor advised funds receiving that money routed $37 million to the anti-ESG policy groups in this map. This small sample of donors, groups, and donor advised funds illustrates the mystery of dark money in modern political activism, offering very little specific detail about the flow of funds, and questions about who else is missing from this web of influence.

For more context on the anti-ESG trend, please review the other relationship map published as part of this project, and the related report by the Center for Media and Democracy:

https://littlesis.org/oligrapher/9756-foundation-donors-to-the-anti-esg-lobby