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OpenSecrets is a nonprofit organization based in Washington, D.C., that tracks and publishes data on campaign finance and lobbying, including a revolving door database which documents the individuals who have worked in both the public sector and lobbying firms and may have conflicts of interest.
Farm Credit Council PAC – Washington, D.C. Koch Industries Action Fund – Wichita, KS; Monsanto Company Citizenship Fund PAC – St. Louis, MO; National Cattlemen's Beef Association PAC (NCBA-PAC) – Centennial, CO; National Chicken Council PAC – Washington, D.C. Syngenta Corporation Employee PAC (Syngenta PAC) – Washington, D.C.
In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. [1] [2] The legal term PAC was created in pursuit of campaign finance reform in the United States.
According to data from OpenSecrets, the top 100 individual super PAC donors in 2011–2012 made up just 3.7% of contributors, but accounted for more than 80% of the total money raised, [33] while less than 0.5% of the money given to "the most active super PACs" was donated by publicly traded corporations. [34]
KochPAC is a political action committee that is funded by employees of Koch Industries and its affiliates. It funds mainly Republican candidates for the US Congress. [1] Greg Guest, senior director of corporate communications at Georgia-Pacific, has stated that KochPAC supports candidates "based on their support for market-based policies and economic freedom".
According to OpenSecrets, in 2018 the Sixteen Thirty Fund had "thirteen multi-million dollar secret donors." [6] One donor gave $51.7 million to the group in 2018, while another donor gave $26.7 million and a third gave $10 million. The group is not required by law to reveal its donors and it has not disclosed who its funders are.
In January 2015, a report by the Sunlight Foundation and OpenSecrets found that of 104 former congressional members and staffers whose "cooling off" period ended during the first session of the 114th Congress which opened January 6, 2015, 29 were already in government relations, "public affairs," or serve as counsel at a firm that lobbies, and ...
It is how OpenSecrets.org presents that data which can be misleading. Often times, when they posts that a candidate received X amount of dollars from a company, they are actually just adding up the individual donations from employees of that company, which is far different from a company sponsored PAC donating to a specific candidate.