\n<\/p>\n
The revelation comes as D.C. Attorney General Brian Schwalb is looking into the finances and expenditures associated with The 85 Fund and as Leo faces enhanced congressional scrutiny for his role in bolstering the conservative legal movement. This includes gifts he may have arranged to Supreme Court justices after reports that he assisted in setting up a gift for Justice Samuel Alito.<\/p>\n
In the filing, The 85 Fund states that it \u201cundertook activities to educate the public about the importance of constitutionalism, limited government, religious liberty, the role of the courts, education policies and election reforms.\u201d The amount paid to CRC is similar to what it received from The 85 Fund the previous year, $21.7 million<\/u>.<\/p>\n
Leo\u2019s network came under investigation after a progressive watchdog group filed a complaint with the D.C. attorney general and the IRS following a POLITICO report in March that The 85 Fund had paid CRC $33.8 million over two years beginning in 2020. The complaint requested an investigation into what services were provided and whether Leo was in violation of laws against using charities for personal enrichment.<\/p>\n
Around the time that news emerged about Schwalb\u2019s investigation, it was also revealed that The 85 Fund had moved its headquarters, which was a UPS mailbox, from the D.C. area to Texas. The 85 Fund had been incorporated in Virginia for nearly 20 years, and Leo is not cooperating with investigators. After CRC, the next-highest paid contractor is $1.4 million to the Valentine Group, described as an educational advocacy group. <\/p>\n
The third-highest paid contractor is a group registered to the home address of Leo\u2019s friend, Ronald Cass, called the Center for the Rule of Law. Leo was the best man at Cass\u2019 wedding and Cass was a longtime friend of Justice Antonin Scalia. Cass\u2019 daughter is slated to clerk for Alito.<\/p>\n
CRC Advisors did not immediately return a request for comment.<\/p>\n
Another Leo-linked nonprofit, the Concord Fund \u2014 also known as the Judicial Crisis Network \u2014 paid about $3.8 million to his firm between July 2021 to the end of June 2022. It was the nonprofit\u2019s second-largest independent contractor during that period.<\/p>\n
The 85 Fund reported contributions and grants of about $135 million and had about $139 million in expenses. About 15 percent of its expenses went to Leo\u2019s firm.<\/p>\n
The filing also includes a massive sum paid to a group called Donors Trust, often called the \u201cdark money ATM\u201d of the conservative movement because it allows its anonymous donors to funnel unlimited amounts of money into the U.S. political system.<\/p>\n
That anonymity makes it difficult to establish Leo\u2019s exact relationship with Donors Trust. Yet the massive number \u2014 coming from Leo\u2019s pillar nonprofit \u2014 accounts for approximately 30 percent of Donors Trust\u2019s entire revenue stream in 2022, which illustrates Leo\u2019s considerable influence over Donors Trust. In 2022, Donors Trust also gave over $4 million to the Federalist Society, the group of conservative lawyers of which Leo is co-chairman.<\/p>\n
The 85 Fund also gave $2.3 million to the Federalist Society and $80,000 to Leo\u2019s alma mater, Cornell University.<\/p>\n
The listed treasurer of The 85 Fund also appeared to profit from its business. The group paid $122,100 for consulting services to Madison Strategies, which is 35 percent controlled by Gary Marx. Marx, who is named The 85 Fund\u2019s treasurer in the filing, is also president of Madison Strategies.<\/p>\n<\/div>\n
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