The American Solutions Project aims to convince those on the right who may have been enticed by populist messages to revert back to true "conservative principles."
"Our nation was founded on conservative principles that have stood the test of time," Pence told RealClearPolitics. "The Constitution and this great American experiment must not be swayed by movements or personalities, but must hold fast to the time-honored principles that have made America strong and prosperous and free."
Without naming names, the former vice president decried the fact that "many in the conservative movement have walked away from these principles, chasing the siren song of populism unmoored to conservative principles."
He promised that his organization would "hold high those principles, staying true to the ideals that have made America the greatest nation on earth," adding that he was sure the American people "will rally to our cause."
The $20 million will go towards expanding Advancing American Freedom's staff, investing in infrastructure, and promoting its work.
A number of prominent figures have joined on, including Heritage Foundation founder and former president Ed Feulner, Catholic University's chairman Victor Smith, and North Carolina retail giant Art Pope.
This is a breaking story and will be updated.
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