Formation | 1999 |
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Type | Nonprofit (IRC § 501(c)(3))[1] |
52-2166327 | |
Location |
|
Coordinates | 38°48′20″N 77°03′37″W / 38.8056°N 77.0603°W |
Services | Donor-advised fund |
CEO | Lawson Bader[2] |
| |
Affiliations | Donors Capital Fund |
Revenue (2022) | $323 million[4] |
Expenses (2022) | $248 million[4] |
Endowment | $1.39 billion |
Website | donorstrust |
This article is part of a series on |
Conservatism in the United States |
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Donors Trust is an American nonprofit donor-advised fund. It was founded in 1999 with the goal of "safeguarding the intent of libertarian and conservative donors".[5] As a donor advised fund, Donors Trust is not legally required to disclose the identity of its donors, and most of its donors remain anonymous.[6][7] It distributes funds to various conservative and libertarian organizations, and has been characterized as the "dark money ATM" of the political right.[6][8][9]: 1
It is affiliated with Donors Capital Fund, another donor-advised fund. In September 2015, Lawson Bader was announced as the new president of both Donors Trust and Donors Capital Fund. Bader was formerly president of the Competitive Enterprise Institute and Vice President at the Mercatus Center.[2]
A substantial portion of the financing comes from Donors Trust, a nonprofit often referred to as the "dark money ATM" of the conservative movement. The organization helps wealthy patrons invest in causes they care about while sheltering their identities from the public.
Guardian_20200527
was invoked but never defined (see the help page).