August 1, 2013

Follow the money - liberal and environmentalist groups in the United States

From the Washington Free Beacon:
Liberal Foundation Distributed Money from Bermuda to Liberal Nonprofits
A major left-wing foundation has received tens of millions of dollars from a shadowy Bermudan company with ties to wealthy American hedge fund managers and distributed those funds to prominent liberal nonprofit groups.

A sizable portion of the Sea Change Foundation�s revenue since 2011 has come from a single company, incorporated in Bermuda, called Klein Ltd. The company�s only officers are employees of a Bermuda law firm, and neither provided information on what Klein actually does.

Documents filed with the Bermudan government suggest that the company exists only on paper.

The money Klein has donated to Sea Change has been passed on to some of the largest liberal and environmentalist groups in the United States, including the Sierra Club, the League of Conservation Voters, and the Center for American Progress (CAP).

CAP, which attacked the U.S. Chamber of Commerce in 2010 for supposedly using foreign money for political purposes, has also received funds from the Bermuda-based Atlantic Philanthropies, as has its 501(c)(4) arm, the Center for American Progress Action Fund.
Pot meet kettle. The numbers are a lot larger than anything given by the eeeeevil Koch Brothers. Posted by DaveH at August 1, 2013 9:55 PM