Colbert: How I Spent $773K in Super PAC Cash

Legally, Stephen Colbert doesn't have to tell you what happened to the funds his super PAC raised, but last night he went ahead and did so anyway. Turns out the $773,704.83 was "anonymously" donated to the Ham Rove Memorial Fund, of which Colbert is, of course, a board member. (Ham Rove—a ham wearing Karl Rove-like glasses—was the super PAC's "chief strategist and principal lunch meat," but sadly he came to an untimely end last month.) The Memorial Fund, in turn, decided to split up the money between a few deserving charities.

Three charities helping victims of superstorm Sandy are getting $125,000 each; another $125,000 is going to the Yellow Ribbon Fund, which helps injured service members. The rest of the money is being divided between two groups fighting for transparency in politics and campaign finance reform: the Center for Responsive Politics and the Campaign Legal Center. Of course, now the Center for Responsive Politics has a conference room named "The Colbert Super PAC Memorial Conference Room," and the Campaign Legal Center has one called "The Ham Rove Memorial Conference Room." (More Stephen Colbert stories.)