Totally correct.
In 2004 alone, JVC channeled $21.8 million to The Media Fund and $13.2 million to American Coming Together.
Since it was little more than a money conduit, JVC attracted less press attention than other organizations it funded. However, JVC did surface briefly in a February 5, 2004 Washington Post editorial questioning the shadowy nature of its financial transactons. (even the Washington POST questioned the "shadowy nature" of the funding of this "Joint Victory Fund".
"The editorial noted that a mysterious 527 committee calling itself the Sustainable World Corporation had suddenly sprung into existence in Houston, Texas on December 10, 2003. Seven days later, it donated $3.1 million to Joint Victory Campaign 2004, which then divided the money between ACT and The Media Fund.
The Washington Post attempted to discover the source of the $3.1 million donation. Said the editorial: "Sustainable World Corp. lists only a post office box in Houston as its address. Directory assistance has no number for it. Searches of ordinary business databases come up empty.
We tracked down Lewis Linn, the Houston accountant who is listed as its registered agent, and asked him about Sustainable World; he said he was bound by professional constraints to keep information about it confidential.
Asked if he would check to see whether those behind Sustainable World would let him reveal their identity, Mr. Linn called back to say, 'I've talked to my clients, and they wish to remain private.'" (I BET THEY DID)
"Janice Ann Enright was the Treasurer of Joint Victory Campaign 2004. She is a long-time aide to Harold Ickes. Enright, who is not an attorney, joined Harold Ickes' firm Meyer, Suozzi, English & Klein at the same time Ickes himself returned to the firm in June 1998 (after he had served a 1994-97 stint as Assistant to President Bill Clinton and as Deputy White House Chief of Staff for Political Affairs and Policy). Today Enright works for Ickes in the firm's Washington office, where she is Senior Advisor for Government Affairs.
Ickes and Enright advised Hillary Clinton during her successful New York Senate campaign in 1999 and 2000 - a victory widely attributed to Ickes' ruthless style of backroom politics.
Among the chief individual donors to JVC were Dan Lewis, Jonathan D. Lewis, S. Daniel Abraham, Peter B. Lewis, Richard Rosenthal, Herb Sandler, Marion Sandler, George Soros, Stewart A. Resnick, Lewis B. Cullman, Frank Brunckhorst, Louise Gund, Susie Buell, Stephen Bing, Agnes Varis, Anne Getty Earhart, Marcy Carsey, Nancy Burnett, Linda Pritzker, and Susan P. Orr. "