Facebook continued to show off its growing political muscle Tuesday night, as its nascent political action committee disclosed an impressive six-figure haul during its inaugural fundraising quarter.
Facebook PAC raised a total of $170,000 during the final three months of 2011. And while it has yet to donate to a single politician on Capitol Hill, it revealed at least one important fact with its first fundraising report: the company is capable of tapping a friendly and powerful network of donors to come up with a serious amount of campaign cash.
Namely, its own employees.
Employees at the world’s most popular social network donated $113,750 to their new PAC, or about 67 percent of all itemized donations made to Facebook PAC during the fourth quarter, according to a
Center for Responsive Politics review of its recent filing with the Federal Election Commission.
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