Truth Has No Agenda (GB)

Posts tagged “fundraising surge

Media Matters enjoyed fundraising surge at start of Obama administration

[FoxNews.com]

Published February 15, 2012

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Media Matters — Shown here is Media Matters founder David Brock.

Media Matters enjoyed a surge in fundraising after the start of the Obama administration — nearly doubling its revenues in the first two years of the president’s administration, according to tax returns obtained by The Daily Caller.

The Daily Caller found that Media Matters and its lobbying arm Media Matters Action Network raked in $14.6 million in 2010, compared with $8.1 million in 2009.

The nonprofit organization, whose tax-exempt status has been questioned by several lawmakers curious about its political activities, saw its fundraising on the rise, according to the latest available returns, even though about half of the groups earnings in 2010 came from just 21 donors, including two unidentified contributors who gave more than $1 million apiece.

(more…)


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