NEW: The Trump-aligned Turning Point USA pitches a “Systematic Effort” to “Inspire Our Kids [to] Love America Again” in investor prospectus obtained by the Center for Media and Democracy.
exposedbycmd.org/2021/10/25/tur…
exposedbycmd.org/2021/10/25/tur…
Turning Point USA’s investor prospectus details seven core programs that Kirk is seeking the $43 million for: its national field program, events, media, productions, special projects, Turning Point Academy, and Turning Point Faith.
documentcloud.org/documents/2109…
documentcloud.org/documents/2109…
The events budget is the largest at just over $10 mil. The document claims Turning Point has “trained nearly 21,000 activists” at its national events and conferences in 8 years. Speakers scheduled for Turning Point’s AmericaFest in Dec include many stars of the MAGA movement.
The next largest budget line is for Turning Point’s “boots on the ground” effort at $7.9 mil. The doc claims that the national field program has 1,363 chapters in high schools and colleges in all 50 states with a goal of having “1,000 new high school chapters by the end of 2021.”
Who funds TPUSA? CMD has identified 170 funders that have given the group $26.8 million between 2014 and 2020 through an examination of hundreds of IRS filings. Note, this sum does not include the $22.1 million transferred from the related nonprofit Turning Point Endowment.
Four of the ten largest contributors to Turning Point USA are conduits used to mask the identity of donors: Schwab Charitable ($2.2 million), DonorsTrust ($1.5 million), Vanguard Charitable ($1.5 million), and National Christian Charitable Foundation ($1.3 million).
The top 3 donors to Turning Point USA CMD identified are Home Depot co-founder Bernie Marcus ($2.1 mil); the foundation of GOP megadonor Stephen A. Feinberg ($1.2 mil); and the foundation of chairperson of Marvel Entertainment Isaac Perlmutter and his wife Laura ($1.25 mil).
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