One of the top Democrat-aligned dark money organizations has experienced massive growth, with donations surging to over $120 million in its most recent disclosure, according to tax forms obtained by The Daily Wire.
The Washington D.C.-based organization, called Majority Forward, raked in a whopping $122 million in tax year 2022, according to the organization’s IRS form 990. The sum marks a massive increase from the tax year 2021, when the 501(c)(4) organization had just $75 million in revenue. The 2022 figure also surpassed the organization’s revenue of $108 million in 2020, a presidential election year.
Majority Forward’s tax designation allows it to raise and spend an unlimited amount of money, all without disclosing the names of its donors. The organization’s 2022 IRS form lists 125 anonymous donors along with their donations, with contributions ranging from lows of $10,000 and $15,000 to astonishing highs of $10 million and $12 million.
Parker Thayer, an Investigative Researcher at the Capital Research Center, says the filing is proof that Democrats are fully embracing “dark money.”
“The skyrocketing revenues of Majority Forward over the years is proof that the Democratic Party establishment is leaning more and more into the use of ‘dark money,’” Parker Thayer, an Investigative Researcher at the Capital Research Center, told The Daily Wire. “We can expect that the group’s fundraising will increase even more in 2024. Even though tax forms have a two-year delay in reporting, campaign finance disclosures show that Majority Forward has already moved nearly $40 million to Democrat-aligned Super PACs during the first half of the 2024 cycle.”
The influence of “dark money” on political elections has been criticized by high-profile Democrats despite members of the party benefiting from dark money organizations. President Joe Biden blasted dark money organizations in 2022, arguing that “dark money erodes public trust” despite efforts to elect Biden receiving $174 million in secret funds, more than six times the amount of dark money as did efforts to reelect former President Donald Trump.
“‘Dark money,’ a term originally coined by the Left, has now become one of the Left’s favorite tools, so much so that even the New York Times wrote that Democrats won the 2020 election with dark money, using much more of it than Republicans,” Thayer went on to explain. “Left-wing ‘dark money’ groups are the tail that wags the Democratic Party dog, and they will remain massively influential during the 2024 election.”
Majority Forward’s sizable increase in revenue could lay the groundwork for the organization to be a key player in the 2024 elections, with multiple vulnerable Democrats up for reelection. Democrat Senators Jon Tester of Montana and Sherrod Brown of Ohio are both facing significant competition that could threaten the Democrat’s slim Senate majority.
Thayer explained how Majority Forward fits into the broader network of leftwing dark money organizations, and how they could impact the upcoming elections.
“Majority Forward is enormously influential, even for a dark money group. We’re talking about a $100 million group that is run by the head of, and generously funds, the Senate Majority PAC, which is Chuck Schumer’s super PAC. It’s very hard to get more influential than that,” Thayer said. “The group doesn’t have a wide network, and it doesn’t spread around its money much, but it sends enormous checks to the groups that count; groups that move money into every election, up and down the ballot, across the country.”
The president of Majority Forward, J.B. Poersch, received a salary of $380,000 from the organization in 2022 while working an average of 15 hours a week, while national finance director Tonya Fulkerson received $150,000 and treasurer Chris Koob received $90,000. Poersch is also the president of the Senate Majority PAC, a Democratic political action committee that works to elect Democrats to the United States Senate, and shares office space with Majority Forward.
“Majority Forward is essentially a large financial funnel, taking in money from anonymous donors and sending it down the pipe to Chuck Schumer’s super PAC,” Thayer noted.
Majority Forward did not respond to a request for comment.
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[[{“value”:”
One of the top Democrat-aligned dark money organizations has experienced massive growth, with donations surging to over $120 million in its most recent disclosure, according to tax forms obtained by The Daily Wire.
The Washington D.C.-based organization, called Majority Forward, raked in a whopping $122 million in tax year 2022, according to the organization’s IRS form 990. The sum marks a massive increase from the tax year 2021, when the 501(c)(4) organization had just $75 million in revenue. The 2022 figure also surpassed the organization’s revenue of $108 million in 2020, a presidential election year.
Majority Forward’s tax designation allows it to raise and spend an unlimited amount of money, all without disclosing the names of its donors. The organization’s 2022 IRS form lists 125 anonymous donors along with their donations, with contributions ranging from lows of $10,000 and $15,000 to astonishing highs of $10 million and $12 million.
Parker Thayer, an Investigative Researcher at the Capital Research Center, says the filing is proof that Democrats are fully embracing “dark money.”
“The skyrocketing revenues of Majority Forward over the years is proof that the Democratic Party establishment is leaning more and more into the use of ‘dark money,’” Parker Thayer, an Investigative Researcher at the Capital Research Center, told The Daily Wire. “We can expect that the group’s fundraising will increase even more in 2024. Even though tax forms have a two-year delay in reporting, campaign finance disclosures show that Majority Forward has already moved nearly $40 million to Democrat-aligned Super PACs during the first half of the 2024 cycle.”
The influence of “dark money” on political elections has been criticized by high-profile Democrats despite members of the party benefiting from dark money organizations. President Joe Biden blasted dark money organizations in 2022, arguing that “dark money erodes public trust” despite efforts to elect Biden receiving $174 million in secret funds, more than six times the amount of dark money as did efforts to reelect former President Donald Trump.
“‘Dark money,’ a term originally coined by the Left, has now become one of the Left’s favorite tools, so much so that even the New York Times wrote that Democrats won the 2020 election with dark money, using much more of it than Republicans,” Thayer went on to explain. “Left-wing ‘dark money’ groups are the tail that wags the Democratic Party dog, and they will remain massively influential during the 2024 election.”
Majority Forward’s sizable increase in revenue could lay the groundwork for the organization to be a key player in the 2024 elections, with multiple vulnerable Democrats up for reelection. Democrat Senators Jon Tester of Montana and Sherrod Brown of Ohio are both facing significant competition that could threaten the Democrat’s slim Senate majority.
Thayer explained how Majority Forward fits into the broader network of leftwing dark money organizations, and how they could impact the upcoming elections.
“Majority Forward is enormously influential, even for a dark money group. We’re talking about a $100 million group that is run by the head of, and generously funds, the Senate Majority PAC, which is Chuck Schumer’s super PAC. It’s very hard to get more influential than that,” Thayer said. “The group doesn’t have a wide network, and it doesn’t spread around its money much, but it sends enormous checks to the groups that count; groups that move money into every election, up and down the ballot, across the country.”
The president of Majority Forward, J.B. Poersch, received a salary of $380,000 from the organization in 2022 while working an average of 15 hours a week, while national finance director Tonya Fulkerson received $150,000 and treasurer Chris Koob received $90,000. Poersch is also the president of the Senate Majority PAC, a Democratic political action committee that works to elect Democrats to the United States Senate, and shares office space with Majority Forward.
“Majority Forward is essentially a large financial funnel, taking in money from anonymous donors and sending it down the pipe to Chuck Schumer’s super PAC,” Thayer noted.
Majority Forward did not respond to a request for comment.
“}]]
