Liu heads a multibillion-dollar community of tax-exempt nonprofits, which he has utilized in half to marketing campaign over the previous decade to put in a conservative majority on the Supreme Courtroom.
Individuals for Public Belief is a nonprofit group run by the previous analysis director of the Nationwide Republican Congressional Committee. The group usually publicly criticizes so-called darkish cash teams that shouldn’t have to reveal their donors. On Wednesday, he highlighted the tax returns of a variety of progressive nonprofits, together with the Sixteen Thirty Fund.
The group’s donations declined considerably between 2021 and 2022, from about $3.6 million to $1.6 million. As a 501(c)(3) charity, it doesn’t should disclose its donors. In the meantime, the quantity paid to CRC advisors between 2021 and 2022 rose from $470,092 to $480,905. Funds to Liu’s firm now make up about 28 % of its whole bills.
A spokesperson for the group didn’t instantly reply to a request for extra particulars about CRC’s work for Individuals for Public Belief.
Many teams allied with Liu pay his for-profit firm, CRC, and will not be required to reveal the providers they buy.
However Liu declined to reveal what providers had been supplied in alternate for transferring at the least $43 million to his firm over the previous two years since he joined the board in 2020. Liu, by means of a lawyer, additionally lately advised Politico that he’s not cooperating with the D.C. investigation. .
Beforehand, a Politico investigation discovered that his private wealth seems to have swelled as his fundraising prowess accelerated since 2016, when he turned an adviser to former President Donald Trump on judicial nominations.
In an announcement, Accountable.US criticized the group for sending cash from a non-profit group to Liu’s non-public enterprise.
“Individuals for the Public Belief’s loyalty to Leonard Liu couldn’t be clearer – even because the group’s revenues decline, it continues to shift almost a 3rd of its bills on to Liu,” mentioned Accountable.US President Carolyn Ciccone.
It additionally seems that the majority of Individuals for Public Belief’s contributions and grants got here from DonorsTrust, a distinguished conservative donor fund. The group gave $1,579,000 in 2022, in keeping with a current DonorsTrust submitting.
