Facebook cofounder Dustin Moskovitz has pledged $20 million to fight Donald Trump’s bid for the White House.
Moskovitz announced early today (Sept. 9) that he and his wife Cari Tuna will make a historically large donation to a handful of Democratic organizations, many backing Hillary Clinton, as well as nonpartisan voter-registration groups. The donations would make Moskovitz, who has a net worth of more than $10 billion, the third-most generous donor in the 2016 campaign.
The pair, who became the youngest couple to sign up for Bill Gates’s Giving Pledge, said they’ve historically voted for Democratic nominees, but this will be the first time they are actively funneling money toward a party. “This decision was not easy, particularly because we have reservations about anyone using large amounts of money to influence elections,” he wrote in a Medium post. “That said, we believe in trying to do as much good as we can, which in this case means using the tools available to us (as they are also available to the opposition).”
The League of Conservation Voters Victory Fund and For Our Future PAC will be the biggest recipients of their donation, with $5 million each. The rest will be distributed among other groups. So far, the Clinton campaign has raised the most funding—more than $435 million—in this election race.