This is part 1 of a Fox News Digital series on Dark Money Networks curated by Arabella Advisors.
Overlooking America’s largest liberal dark money network, the company has seen burgeoning cash flows in recent years, including billions of dollars funneled into progressive causes and initiatives across the country, so it’s likely that the business will continue to thrive. is expanding.
Arabella Advisors, a Washington, D.C.-based consulting firm that manages four nonprofits, hosts dozens of shadow left-wing groups, including those working with the Biden administration on policy. service.
“As I have said repeatedly, Arabella Advisors is a company dedicated to making philanthropy more efficient, effective and fair,” Arabella spokesperson Steve Sampson told Fox News Digital. rice field. “Our non-profit clients hire us to provide HR, legal, payroll and other administrative services. And like all service providers, we work for our clients. . .”
“Over the past 24 years, Kiwi Partners has established itself as an industry leader in nonprofit accounting and human resources services. I will,” he added. “This acquisition deepens Arabella’s ability to support the non-profit sector and we look forward to partners who will benefit from the combined expertise of our team.”
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This expansion is due to Nexus, managed by Arabella Advisors, positioning itself as the premier dark money network. It also shows that Democrats have used anonymous donations while publicly denouncing their influence in politics.
The group’s web of this network is under four Arabella-controlled non-profits: New Venture Fund, Sixteen Thirty Fund, Windward Fund and Hopewell Fund. Each fund acts as a financial sponsor to other liberal nonprofits by providing taxable status to the nonprofits under it.
This setup allows financially sponsored groups to avoid filing tax returns with the IRS, effectively obscuring their financial information. The four Arabella-controlled nonprofits also do not disclose donor information on their tax returns, making it difficult for the public to know who is using the network as a conduit to fund left-wing initiatives. is completely confidential.
In 2020, the four funds combined raised $1.6 billion from secret donors. This is $885 million more than he collected through 2019, tax forms show. Together, we spent about $900 million in 2020.
The network includes members from the “Campaign for Our Shared Future,” which was formed this year to oppose Critical Race Theory in K-12 schools. It includes dozens of liberal groups, up to and including Governing for Impact. shape policy.
Influential Democratic donors use the network to funnel cash into projects. Among them is billionaire George Soros, who contributed millions to the Governing Four His Impact and its action funds, Fox News Digital previously reported.
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Governing for Impact is working to reverse Trump-era deregulation by targeting education, the environment, health care, housing and labor issues, and has over 20 regulations since Biden took office. We boast in our internal memo that we have implemented an agenda item.
The group has ties to Soros beyond his contributions. Soros’s Open His Society Foundation (OSF) executive his director Tom Perriero joins his four-member board of directors for Governing for Impact. Special Advisor to the OSF, Mary Beth Maxwell, appeared on the group’s slide her deck as part of the ‘listening tour’.
“Open Society is proud to support Governing for Impact’s efforts to protect America’s workers, consumers, patients, students, and the environment through policy reform,” Perriero previously told Fox. He told News Digital.
“Their work gives voice to people who are often overlooked in a regulatory environment often dominated by corporate interests,” he continued. “Our support for the work of Governing for Impact is publicly available on our website, demonstrating our enthusiasm for their victory for American workers and families.”
The Open Society Policy Center, a Soros advocacy nonprofit, was also an early funder of the legal advocacy group Demand Justice. It was financially sponsored by the Sixteen Thirty Fund until it became an independent entity last year.
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Demand Justice has been at the forefront of Republican legal battles, including the race for the nomination of Supreme Court Justice Brett Kavanaugh.
But Brian Fallon, the group’s leader who served as press secretary for Hillary Clinton’s failed 2016 campaign, shortly before Demand Justice officially launched in 2018, counts Soros as a member. I showed up at a secret gathering of the Democratic Alliance Donor Club.
fall down was in attendance Soros’ donation was then sent to Demand Justice to promote his group, the Washington Free Beacon reported. In an internal document obtained by Free Beacon, the Alliance for Democracy encourages members to provide donations to initiatives housed in Arabella-controlled funds.
Arabella Advisors also receives hundreds of thousands of dollars in consulting services from the Alliance for Democracy. At least one of his Arabella employees, managing advocacy and his director Scott Neilson, worked for Soros nonprofits and the League for Democracy before joining the consulting firm.
Swiss billionaire Hansjorg Wiss, meanwhile, says he does not have US citizenship, It is also associated with the League for Democracy and is a significant financial backer of the 16 30 Fund. From 2016 to early 2020, Wyss channeled his $135 million into his 1630 fund through the foundation’s advocacy arm, reports The New York Times.
Another group closely related to the Sixteen Thirty Fund and Wyss is the Hub Project. In 2015, the Weiss Foundation, one of two investor-founded nonprofits, merged with Sixteen Thirty Fund, another Arabella-controlled nonprofit, and the New York Times, according to a New York Times report.・Launched a hub project with a venture fund.
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The Wyeth Foundation is one of the top donors to the Hub Project, which has a history of distributing funds from the Sixteen Thirty Fund to state-level groups.
Years before Wyss got involved with the Hub project, the New York Times reported that Wyss managed the Change Now PAC. Change Now PAC paid him $175,000 to a Latino voter mobilization group working to get Democrats to vote in the midterm elections.
Marneé Banks, a consultant for Wyss’s group, previously told Fox News Digital, “They don’t want grantees to use the grant for campaigning, including supporting or opposing candidates and political parties.” She did not answer questions about his citizenship.
Another billionaire, eBay founder Pierre Omidyar, revealed last year that he donated $45 million to the Sixteen Thirty Fund, a group called the Civic Action Fund, Politico said. reported.
Arabella Advisors is led by Eric Kessler, a former President Clinton-appointed member of the Clinton Global Initiative. According to the latest tax forms, managing the network has proven lucrative for the company, which in 2020 raised significant sums of money from four funds for its administrative, operational and administrative services.
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The New Venture Fund paid approximately $27 million to Arabella, and the Sixteen Thirty Fund paid Arabella $9 million, according to the documents. The Windward Fund gave approximately $3 million for its services, and the Hopewell Fund gave Arabella his $6.6 million.
Arabella raised $45 million in 2020 to fund management services.