August 2, 2023 2:56pm EDT
Biden primed to benefit from millions in secretive donations from his outside super PAC, records indicate
Future Forward, the main outside Biden group, has $50 million that appears to be in its dark money nonprofit
By Joe Schoffstall | Fox News
President Biden appears positioned to benefit from massive sums in undisclosed donations from the main outside super PAC backing his 2024 candidacy, records indicate.
Biden's team promoted the Future Forward PAC as the leading external group to rake in big money to help his candidacy, The New York Times reported in July. At the time, Future Forward told the publication it had raised $50 million this year.
Records show that money is presumably in its affiliated dark money nonprofit, Future Forward USA Action. During the first half of the year, the Future Forward PAC reported just $67,000 in contributions, according to its recently released mid-year report. The receipts came entirely from a vendor refund and in-kind donations from the nonprofit for staff time and overhead.
Future Forward's nonprofit, which hides its donors, has transferred tens of millions to the PAC for electoral activity in recent years. This setup positions Biden's candidacy to receive a boost from anonymous benefactors as the nonprofit sits on a large amount of cash before the election ramps up.
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https://www.foxnews.com/politics/biden-primed-benefit-millions-secretive-donations-from-his-outside-super-pac-records-indicate
