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, Brock's professional solicitor, works off a commission. Every time money gets passed around, Bonner receives a 12.5% cut.
Follow the money: 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:
1- Media Matters would receive your $1,062,857 donation
The Bonner Group would earn a $132,857 commission
Media Matters would retain $930,000
2- Next, Media Matters would give whats 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
3- 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, Brocks solicitor would have pocketed $350,825, almost a third of your initial donation! Thats a far cry from the advertised 12.5% commission.
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DAVID BROCK----MEDIA MATTERS MONEY LAUNDERING SCHEME
How they move money around
That’s exactly what the late Elijah Cummings and his wife did with their non profit and profit organizations.
DAVID BROCK