The Media Fund is a

527 group A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code (). A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat ...

, active in U.S. politics, which supported Democrat

John Kerry John Forbes Kerry (born December 11, 1943) is an American attorney, politician, and diplomat who served as the 68th United States secretary of state from 2013 to 2017 in the Presidency of Barack Obama#Administration, administration of Barac ...

's campaign for

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...

. It was formed in 2002, and is led by Harold M. Ickes, a former aide to President

Bill Clinton William Jefferson Clinton (né Blythe III; born August 19, 1946) is an American politician and lawyer who was the 42nd president of the United States from 1993 to 2001. A member of the Democratic Party (United States), Democratic Party, ...

. Its chief fundraiser is Ellen Malcolm, a former fundraiser for

EMILY's List EMILYs List is a left-leaning American political action committee (PAC) that aims to help elect Democratic female candidates in favor of abortion rights to office. It was founded by Ellen Malcolm in 1985. The group's name is an acronym for "E ...

. Billionaire

George Soros George Soros (born György Schwartz; August 12, 1930) is an American investor and philanthropist. , he has a net worth of US$7.2 billion, Note that this site is updated daily. having donated more than $32 billion to the Open Society Foundat ...

was among the largest donors to the Fund. According to the ''

New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'', the Media Fund raised $45 million to run issue ads in key

swing state In United States politics, a swing state (also known as battleground state, toss-up state, or purple state) is any state that could reasonably be won by either the Democratic or Republican candidate in a statewide election, most often refe ...

s. The Media Fund is one of several 527 groups which supported Kerry; others include America Coming Together and MoveOn.org. After the election, the group experienced a dramatic drop in fundraising success; media reports speculated that major donors had given up on the organization, and were turning their attention to other, more long-term Democratic projects.

Legal issues

The group was fined by the Federal Election Commission (FEC) in 2007. The $580,000 fine—the seventh highest the FEC had levied—resulted from a settlement between the fund and the regulator. Groups including the Republican National Committee and Bush's reelection team had complained to the FEC about election law violations. The FEC found that the Media Fund had improperly accepted contributions from unions and corporations as well as contributions from individuals over the $5,000 cap. According to a spokesperson, Media Fund did not admit to any wrongdoing in its settlement.

Legal issues

References

Further reading