A coalition of large U.S. companies that previously urged Congress to strengthen the Voting Rights Act continues funding state political groups (527s) that are active in undermining the act, as revealed by Center for Political Accountability and exclusive Guardian data.

In the 2026 cycle, corporate-funded 527s show Republicans out-raising Democrats, with corporate contributions totaling tens of millions on both sides and forming a sizable share of 527 fundraising compared with earlier elections.

Experts from CPA warn that corporate political spending may not align with stated corporate values, noting that even modest contributions to state races can influence federal policy and the business environment down the line.

Observers point to a broader corporate U-turn after the January 6, 2021 insurrection, where public criticism of Trump or Republicans often gave way to renewed support as elections neared, raising concerns about accountability and due diligence in political giving.

Raga (Republican Attorneys General Association) and the Republican Governors Association are major recipients of corporate funds, backing prominent state figures and campaigns, with RSLC also playing a key role in competitive races.

The 527 groups, classified as tax-exempt political organizations by the IRS, influence state races such as attorneys general and legislatures and can have outsized national policy impact, though they operate with less visibility than FEC-regulated PACs.

Companies named include Airbnb, DoorDash, Target and Zillow, with long-time donors Amazon, Google, Meta and Microsoft resuming or increasing contributions to Republican-leaning 527 groups for the 2026 cycle after reductions in 2022.