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NYT: Wealthy donors hiding political money in secret nonprofits

politicsApr 7, 202616

The New York Times investigation shows wealthy donors routing political money through secretive nonprofits to avoid disclosure. An exception in nonprofit law lets certain foundations fund political activity while keeping donors anonymous. The report names Democratic billionaires Bill Gates and Michael Bloomberg as using these channels. This practice undermines campaign finance transparency and lets concentrated wealth shape elections without public scrutiny.

Key Highlights

Investigation shows billionaires routing political donations through secretive nonprofit entities.
Nonprofit law exceptions allow donors to remain anonymous while funding political activity.
Named figures include Bill Gates and Michael Bloomberg as major anonymous donors.
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