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December 14, 2012

Colbert Funnels Money from His SuperPAC to Six Charities

After raising $773,704.03 for his SuperPAC and finding out he could legally spend the money on himself, Comedy Central satirist Stephen Colbert has instead decided to donate his political bagman’s loot to charity, according to Politico.

“In an apparent final act of a nearly year-and-a-half-long gag about the influence of money in politics, [Mr.] Colbert … is giving $125,000 each to the Hurricane Sandy relief efforts of charities DonorsChoose.org, Team Rubicon, and Habitat for Humanity, plus another $125,000 to Yellow Ribbon Fund, which supports injured military members,” wrote Politico blogger Dylan Byers.

Mr. Colbert will also make separate $125,000 gifts to the Campaign Legal Center and the Center for Responsive Politics.

Mr. Colbert quipped that he originally wanted to direct the money to UNICEF, “but the rest of the board argued that UNICEF is the name of [Mr.] Colbert's yacht and denied the request,” Mr. Byers reported.