American Future Fund scrutinized for ties to ethanol industry
Another day, another Section 501 nonprofit under scrutiny for its political activity. Today The New York Times profiles the American Future Fund, a group that in 2008 backed Sen. Norm Coleman, then a co-chair of a Senate biofuels caucus. AFF does not disclose its donors but was revealed in interviews last week to have been founded with seed money from Iowa businessman Bruce Rastetter, a co-founder and chief executive of Hawkeye Energy Holdings, one of the nation’s larger ethanol companies.

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