Mystery Group Gave Biggest Corporate Campaign Donation
The single largest corporate donation in this year’s election so far was more than $5 million. But not much is known about the donor.
Based out of Knoxville, Tennessee, Specialty Group Inc. contributed nearly $5.3 million between October 1-11 to FreedomWorks for America, a super PAC affiliated with former House Majority Leader Dick Armey (R-Texas) that endorsed 84 Republican candidates in this year’s e;ection.
The company has been around for only a month, and operates out of a private home. The only person associated with it is its registered agent, William S. Rose Jr., a lawyer with a disconnected phone number, according to The Center for Public Integrity.
Rose issued a press release on Monday explaining that Specialty is involved in “real estate ventures and investments.”
Corporations have given about $75 million to super PACs in the 2012 election cycle, according to The Center for Public Integrity and the Center for Responsive Politics.
Eighty-five percent of this money has gone to Republican-oriented groups, leaving 11% for Democratic ones and the rest for organizations not aligned with either party.
-Noel Brinkerhoff
To Lean More:
Mystery Firm Is Election's Top Corporate Donor At $5.3 Million (by Michael Beckel and Reity O'Brien, Center for Public Integrity)
Nonprofits, Shell Corporations Help Shield Identity Of Ad Backers (by Russ Choma, Center for Public Integrity)
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