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Say, for example, you donate $1,062,857 to Media Matters for America. This is how David Brock would have used your charitable donation in 2014:
Media Matters would receive your $1,062,857 donation
The Bonner Group would earn a $132,857 commission
Media Matters would retain $930,000
Next, Media Matters would give what’s left of your entire donation, $930,000, to the Franklin Education Forum
The Bonner Group would ‘earn’ a $116,250 commission
The Franklin Education Forum would retain $813,750
The Franklin Education Forum would then forward the remaining $813,750 to The Franklin Forum
The Bonner Group would ‘earn’ a $101,718 commission
The Franklin Forum would retain $712,031
In the end, Brock’s solicitor would have pocketed $350,825, almost a third of your initial donation! That’s a far cry from the advertised 12.5% commission.
As bizarre as that scenario may sound, this is exactly what David Brock did in 2014.
President Obama’s motorcade passed through 23rd Street, the location of Saturday night’s bombing, and slept in Manhattan Sunday night — but he still hasn’t made any public remarks on the attack in Chelsea.
Instead, Obama’s first stop in New York City Sunday night was at the Gramercy Park home of restaurateur Danny Meyer and actress Audrey Meyer to attend a fundraiser for Hillary Clinton’s presidential campaign.