American Crossroads Rakes In Half Its Haul From a Single Donor
Thursday, October 21, 2010 at 10:00 am
When Obama reprimanded groups like Crossroads GPS and the Chamber of Commerce for soliciting secret funds to fuel GOP attack ads, Karl Rove bragged on Fox News, “The president, by attacking American Crossroads, has helped drive people to our website and has helped to raise the amount of money that we received.”
But American Crossroads’ last filing with the Federal Election Commission makes it clear that when Rove said “people,” he mainly meant Texas homebuilder Bob Perry, who donated $7 million of the $15 million that the group raised in September and early October. Perry, a prominent GOP donor best known for financing the Swift Boat Veterans for Truth ad campaign against John Kerry in 2004, was joined also by Robert Rowling, CEO of TRT holdings (who made both a personal and a corporate donation); the Alliance Resource Group, which has interests in the Tulsa coal industry; and B. Wayne Hughes, founder and chairman of Public Storage. Together, their donations total $12 million — or more than two-thirds of Crossroads’ haul for the period.
The donations to American Crossroads’ sister organization, Crossroads GPS, were not disclosed because it is registered as a Section 501(c)(4) nonprofit. Many speculate that a greater proportion of corporate money is flowing to the group for that reason. Yet a number of companies, in addition to Alliance Resources and TRT Holdings, did donate directly to American Crossroads this quarter, including Universal Health Care, MDI Imaging and Weaver Popcorn of Indianapolis.
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