Thursday, June 19, 2014

George Soros group to give $40m

A group back by billionaire George Soros and other millionaires with progressive political slants are charting a course to give out nearly $40 million to various entities that can further their favored policy reforms — in 2014 alone, documents show.

The documents, reported by the Washington Free Beacon, give a glimpse at the oft-guarded membership make-up of the Democracy Alliance, the umbrella network that’s funded by powerful liberals — including the noted progressive-minded Mr. Soros — to win crucial electoral battles.

Within the pages obtained by the Free Beacon is the group’s core hope: to fundraise and distribute a total of $39.3 million to 20 different organizations that can help with upcoming elections.

That means — if fundraising goals are on target — that one of every five dollars of the 20 targeted groups’ total budgets will come from the Democracy Alliance, the news outlet estimated.

The Democracy Alliance’s main function is to connect Democratic donors with activist groups. Counted among past beneficiaries is Media Matters for America; that group, as well as the Center for American Progress are slated to get millions more for this campaign season, the Washington Free Beacon found.


Read more: http://www.washingtontimes.com/news/2014/may/20/george-soros-backed-group-plots-40m-course-win-201