Paging the DOJ and FCC.
David Brock operates over a dozen pro-Clinton organizations from his office in Washington DC.
Uncovered records expose a constant flow of money between his organizations.
Brock’s unregistered Professional Solicitor, the Bonner Group, receives a 12.5% cut every time money is moved.
There’s a reason why David Brock chooses to house an unregistered Professional Solicitor in his office to raise money for his conglomerate of Super PACs and non-profits.
Professional Solicitors are required to disclose their active solicitation contracts. Brock wants his unregistered solicitor, the Bonner Group, to keep their client list hidden for a very specific reason.
David Brock has 7 non-profits, 3 Super PACs, one 527-committee, one LLC, one joint fundraising committee, and one unregistered solicitor crammed into his office in Washington DC.
Uncovered records expose a constant flow of money between these organizations.
The Bonner Group, his professional solicitor, works off a commission. Every time money gets passed around, Bonner receives a 12.5% cut.
Nonprofits are required to disclose who they give cash grants to.
But they aren’t required to disclose who gave them cash grants.
This weak system of one way verification is being abused by Brock. He’s been cycling money between his organizations for years, and the Bonner Group’s 12.5% commission gets triggered after every pass.
In 2014, Media Matters for America raised $10,021,188.
The Bonner Group was credited for raising these funds. Media Matters paid them a $1,147,882 commission.
That same year, Media Matters gave a $930,000 cash grant to David Brock’s Franklin Education Forum, an organization that shares office space with Media Matters.
In 2014, the Franklin Education Forum reported $994,000 in total contributions. 93.6% of that total came from Media Matters.
Surprisingly, though, the Franklin Education Forum gave full credit to Bonner for raising that money. They paid the fundraiser a $124,250 commission in 2014.
- David Brock’s Media Matters gave a $930,000 cash grant to David Brock’s Franklin Education Forum
- David Brock’s Franklin Education Forum credited the Bonner Group for raising those funds, triggering the 12.5% commission
- David Brock paid the Bonner Group a $124,250 commission to solicit a cash grant … from himself!
After the Franklin Education Forum retained $869,750, they sent a $816,224 cash grant to David Brock’s The Franklin Forum:
……Say, for example, you donate $1,062,857 to Media Matters for America. This is how David Brock would have used your charitable donation in 2014:
- Media Matters would receive your $1,062,857 donation
- The Bonner Group would earn a $132,857 commission
- Media Matters would retain $930,000
- Next, Media Matters would give what’s left of your entire donation, $930,000, to the Franklin Education Forum
- The Bonner Group would ‘earn’ a $116,250 commission
- The Franklin Education Forum would retain $813,750
- The Franklin Education Forum would then forward the remaining $813,750 to The Franklin Forum
- The Bonner Group would ‘earn’ a $101,718 commission
- The Franklin Forum would retain $712,031
In the end, Brock’s solicitor would have pocketed $350,825, almost a third of your initial donation! That’s a far cry from the advertised 12.5% commission.
As bizarre as that scenario may sound, this is exactly what David Brock did in 2014.
….Media Matters is a wealthy government-subsidized political organization; a direct violation of non-profit, tax exempt laws. The MSM will never touch this but the blogosphere is all over Media Matters like stink on shit.
Brock is a deranged megalomaniac, whose own insiders describe a circus atmosphere of conspiracy, collusion, and meltdowns.
His level of corruption is not a stretch.