Financial Contributors
According to an article in the Washington Post dated March 10, 2004:
"The Democratic 527 organizations have drawn support from some wealthy liberals determined to defeat Bush. They include financier George Soros who gave $1.46 million to MoveOn.org Voter Fund (in the form of matching funds to recruit additional small donors); Peter B. Lewis, chief executive of the Progressive Corp., who gave $500,000 to MoveOn.org Voter Fund; and Linda Pritzker, of the Hyatt hotel family, and her Sustainable World Corp., who gave $4 million to the joint fundraising committee."
MoveOn.org ceased receiving any donations to its 527 after the 2004 election, and closed the 527 permanently in 2008. MoveOn's primary source of funding is its members. MoveOn.org raised nearly 60 million dollars in 2004 from its members, with an average donation of $50.
Read more about this topic: Wes Boyd
Famous quotes containing the word financial:
“A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.”
—Lionel Trilling (1905–1975)