Dustin Moskovitz, co-founder of Facebook, and his wife Cari Tuna, recently donated money to several Democratic organizations for the presidential campaign. Their donations totaled $20 million.
“Money is the mother’s milk of all politics. In other words, you’ve got to have that to survive,” said Assistant Professor Sonny Branham, advisor of ORU’s College Republicans. “Whether it’s $20 or $20 million, candidates are eager to get that donation.”
Moskovitz made the donation to help the Democratic candidate get ahead of Donald Trump in the campaign. He believes Hillary Clinton will be a more competent president in comparison to Trump; therefore, he and his wife are financially supporting her campaign.
“I suspect that the co-founder is going to support Hillary to keep things going forward,” said Associate Professor Lanny Endicott, advisor of ORU’s College Democrats.
According to the Federal Election Commission, an individual can contribute up to $2,700 per election cycle. In theory, an individual can contribute a total of $5,400 by giving $2,700 during the primary election and another $2,700 during the general election.
Moskovitz was able to donate $20 million indirectly by contributing to affiliated organizations. He donated $5 million to the League of Conservation Voters Super PAC and $5 million to the For Our Future PAC.
The remaining $10 million was split between the Hillary Victory Fund, the Democratic Senatorial Campaign Committee, the Democratic Congressional Campaign Committee, the political action MoveOn.org, the Color of Change PAC and several other nonpartisan groups.
“This decision was not easy, because we have reservations about anyone using large amounts of money to influence elections,” Moskovitz and his wife, Cari Tuna, wrote in a post on Medium.
“We hope these efforts make it a little more likely that Secretary Clinton is able to pursue the agenda she’s outlined, and serve as a signal to the Republican Party that by running this kind of campaign — one built on fear and hostility — and supporting this kind of candidate, they compel people to act in response.”