Truth, Inc. and Limited Liability Companies

financial backers: Super PACs can accept unlimited contributions but are required to disclose their financial backers, according to CNN. Find your presidential match with the 2016 Candidate Matchmaker The twist here is that Stand for Truth has accepted more than $1 million in donations from corporations or limited liability companies, whose funders are difficult to uncover, meaning the original source of the campaign cash is hidden. Stand for Truth, Inc., an emerging player in the orbit of often clashing constellation of pro-Cruz super PACs, recently pledged to air more than $4 million in television ads to back Cruz in Iowa and South Carolina. While corporations can make donations to super PACs, an LLC allows individual donors to steer cash through easy-to-register, self-owned organizations. "LLCs seem to be a new vehicle for laundering money into elections," said Paul Ryan, a campaign finance reformer worried about donors essentially using them as shell companies to transfer cash anonymously. "It really hard to find out about LLCs. No leadership beyond the treasurer who filed its federal elections forms, a former counsel to Mitch McConnell named Eric Lycan, has publicly identified itself. That one of the reasons they've become popular." Read More Stand for Truth has largely operated quietly, not responding to questions about new television advertisements from media and discarding with the in-the-news public profile maintained by many powerful groups in favor of a sparse website. (news.financializer.com). As reported in the news.