Conservative 'dark money ATM' granted record $351 million last year

A group routing the fortunes of conservative and libertarian donors that progressives have dubbed the Right’s “dark money ATM” issued a record $351 million in grants last year, according to a tax filing.

The IRS filing for DonorsTrust, obtained by the Washington Examiner, provides the most up-to-date financial accounting for a charity that has established itself as an important vehicle for right-leaning donors. Based in Alexandria, Virginia, the charity offers donor-advised funds, which allow donors, such as those who are politically minded, as well as the wealthy and well connected, to help support causes anonymously under lax federal disclosure laws and receive tax breaks for their charitable giving.