Seid’s $1.6 billion donation to Leonard Leo's Marble Freedom Trust is a landmark in the era of deregulated political spending ushered in by the Supreme Court’s 2010 Citizens United decision
The creators of the Marble Freedom Trust shrouded their project in secrecy for more than two years.
The group’s name does not appear in any public database of business, tax or securities records. The Marble Freedom Trust is organized for legal purposes as a trust, rather than as a corporation. That means it did not have to publicly disclose basic details like its name, directors and address.
The trust was formed in Utah. Its address is a house in North Salt Lake owned by Tyler Green, a lawyer who clerked for Supreme Court Justice Clarence Thomas. Green is listed in the trust’s tax return as an administrative trustee. The donation does not appear to violate any laws.
In an unusual maneuver, Leonard Leo was added as an officer to Barre Seid’s company. Seid left the company’s board, and his name was crossed out in state corporate disclosure filings. Source: Illinois Office of the Secretary of State.
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https://www.levernews.com/how-a-secretive-billionaire-handed-his-fortune-to-the-architect-of-the-right-wing-takeover-of-the-courts/