Facebook co-founder Dustin Moskovitz commits $20M to support Hillary Clinton read more at here www.spinonews.com/index.php/item/805-facebook-co-founder-dustin-moskovitz-commits-20m-to-support-hillary-clinton
The funds are a surprising introduction of cash from an individual who has never before been active in politics. Dustin Moskovitz, a Silicon Valley entrepreneur with a net worth of more than $10 billion, announced that he and his wife would make a historically large donation to a half-dozen Democratic groups.
The donations, once issued, will make Moskovitz the third most generous donor in the 2016 campaign. He is a supporter of Democratic candidate Hillary Clinton.
Moskovitz said $5 million would go to a super PAC run by the League of Conservation Voters, an environmentalist group running advertising and canvassing campaigns.
And another $5 million to For Our Future PAC, an effort by organized labor and environmentalists to run a consolidated, high-powered field program.
Other donations will be split between a joint fundraising committee for Hillary Clinton the Democratic Congressional Campaign Committee the Democratic Senatorial Campaign Committee a political arm of MoveOn.Org Color of Change PAC and several nonpartisan voter registration and GOTV efforts.
He has only cut two checks before to candidates both to New York congressional candidate Sean Eldridge, the husband of another Facebook co-founder that amounted to $5,200.
The $20 million will give new life to several Democratic groups, though Moskovitz's list notably omits Priorities USA, the principal super PAC supporting Clinton's campaign.
Moskovitz will only be out punched as a donor by Tom Steyer, the California billionaire and Democratic activist who has given more than $30 million to his groups in the 2016 cycle and Bob Mercer.
A major Trump supporter who has given just a drop more than Moskovitz's $20 million to Republican groups in this election.
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