1792 Exchange describes its mission as “to develop policy and resources to protect and equip nonprofits, small businesses and philanthropy from ‘woke capitalism,’ to educate Congress and stakeholder organizations about the dangers of ESG (environmental, social, and governance) policies, and to help steer public companies in the United States back to neutral on ideological issues.” The group is a 501(c)3 nonprofit, registered under the name Constitutional Congress with the IRS.
Cleta Mitchell, a former Trump legal advisor and chair of the Conservative Partnership Institute’s Election Integrity Network, is listed as the group’s principal officer. 1792 Exchange CEO Paul Fitzpatrick told CNBC that Mitchell no longer has a role with the group.
The organization maintains an online tracking tool known as Spotlight Report, which grades companies on their “policies, practices, and other relevant criteria to determine the likelihood a company will cancel a contract or client, or boycott, divest, or deny services based on views or beliefs.”
1792 Exchange prepares model contracts and shares research on its website for allies in their fight against so-called “woke capitalism.” Here are some examples obtained by the Center for Media and Democracy:
- Abortion Travel Benefits Sheet
- Addressing Vendor Contract Language in Regard to Religious Freedom
- Request for Proposal for Banking Services Template
- The Big Tech Scorecard (prepared by Napa Legal)
- What is ESG?
1792 Exchange CEO Paul Fitzpatrick sits on SFOF’s board of directors.
- Research Associate Banner Brock
- Chairman and Founder Nathan Estruth
- CEO Paul Fitzpatrick
- Vice President Erica Moshtahedian
- Servant Foundation: $525,000 (2021)
- National Christian Charitable Foundation: $6,000 (2017)
Note: 1792 Exchange is not required by law to disclose its donors.
- Total revenue: $225,000
- Total expenses: $225,431
- Net assets: $927
Source: 2021 IRS 990 filing