Organizing for Action 101

President Obama will speak to a collection of wealthy donors and activists Wednesday evening at a luxury hotel near the White House. The event is called the "Founders Summit," and it is the second major donor meeting for the president's new dark money group, Organizing for Action (OFA). Reporters will not be permitted to attend the speech.

The tax-exempt 501(c)(4) has drawn scrutiny from liberal watchdog groups and the New York Times editorial board for, among other things, a reported scheme that would grant donors who give or raise $500,000 quarterly meetings with the president.

OFA operates in a complex area of campaign finance, so the Washington Free Beacon has put together this guide on the group:

(Obama photo credit: Associated Press)