New conservative group gets $1.6 billion donation to spend in midterms and beyond

A conservative nonprofit poised to assist Republicans in the upcoming 2022 midterm elections and beyond received a record donation of $1.6 billion last year, Fox News has confirmed.

The beneficiary is a new conservative nonprofit, The Marble Freedom Trust, captained by Leonard Leo, a conservative strategist known for his leadership of the Federalist Society and work in causes related to abortion law and Supreme Court nominations.

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The donation is one of the largest single contributions ever made to a politically focused nonprofit.

The story was first reported by the New York Times.

In a statement provided to the Times, Leo says, “It’s high time for the conservative movement to be among the ranks of George Soros, Hansjörg Wyss, Arabella Advisors, and other left-wing philanthropists, going toe-to-toe in the fight to defend our constitution and its ideals.”

The donation, according to the Times, came from Barre Seid, an electronics manufacturing mogul.