Editor’s Note: This article covers a paper presented in June 2017 at the Stanford Center on Philanthropy and Civil Society’s fourth annual Junior Scholars Forum. The event brings together new researchers, including graduate students, postdoctoral fellows, and junior faculty, whose work covers civil society, the nonprofit sector, and philanthropy.

What happens when ultrarich donors pool their money to influence politics and policy? Two donor consortia—the Koch brothers’ network on the...


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