Liberal dark money giant rakes in over $1.5 billion from secret donors, tax records show

Washington Examiner ^ | November 16, 2022 | by Gabe Kaminsky, Investigative Reporter

[Oldeconomybuyer]

The largest liberal dark money network in the United States hauled in over $1.5 billion from anonymous donors in 2021, tax records show.

Arabella Advisors is a consulting firm based in Washington, D.C., that oversees five nonprofit groups bankrolling left-wing causes. The network, which has been dubbed a dark money giant due to its complex arrangement that allows donors to be shielded from the public eye, also spent almost $1 billion combined in 2021, according to the newly released tax documents for the network groups.

“These latest tax returns prove that the Arabella Advisors network remains the largest dark money player in American politics," Caitlin Sutherland, executive director of Americans for Public Trust, a conservative ethics watchdog, told the Washington Examiner.

Arabella's network consists of the Sixteen Thirty Fund, the New Venture Fund, Windward Fund, Hopewell Fund, and North Fund. The nonprofit groups all have different liberal issue focus areas and fiscally sponsor other liberal nonprofit groups. This allows the sponsored groups to not file IRS tax forms.

In addition, the organizations managed by Arabella do not disclose their donors on tax forms.

[Chode]

well, wi the collapse of FTX, it’ll be less in the future...

[DannyTN]

So can foreign companies and governments donate anonymously?

[ProudDeplorable]

This is where the Davos crowd parks their money.

[joshua c]

https://capitalresearch.org/article/what-is-arabella-advisors-holdings-and-what-is-it-hiding/

good analysis of arabella

still a lot of unanswered questions

[12chachacha]

Can cartel’s donate to keep the border open?

[PatriotarchyQ]

Yes - according to current Supreme Court precedent

[Sirius Lee]

So can foreign companies and governments donate anonymously?

Ask the Clinton Foundation. Or better yet, don't, or they will jail and/or kill you if you try to ask.

[Yo-Yo]

As Mark Twain said, we have the best government that money can buy.

[frog in a pot]

Yes - according to current Supreme Court precedent.

IMO, the better view would be that only registered voters should be allowed to make political donations; that the free speech rights of corporations and other "groups" is not a bona fide election issue.

It is the voters who have the primary interest in the outcome of elections.

Allowing groups of any other sort, some composed even of non-citizens (see Obama donations from the Left in Germany) to infuse cash in elections for the interest of those groups clearly opens the door to various forms of abuse.

[amnestynone]

This is what happens when you spend 40 years lowering the taxes on the rich. They mostly become Democrats. Other than corporate issues Republican accomplished no other conservative victories. Now we know why. They were just corporatists telling us what we wanted to hear and they just used all of the political capitol to pursue their own ends.

[Soul of the South]

“well, wi the collapse of FTX, it’ll be less in the future...”

Zuckerburg’s giving was down this year due to the dramatic decline of FB stock. However, he did plenty of damage in 2020, with his $400 million in contributions, by getting voting processes changed. Now that mass mailing of ballots, ballot harvesting by social justice groups, 3+ week voting periods, unattended ballot drop boxes, and same day voter registration are institutionalized in many states, one party rule will continue in those states.

[Chode]

unfortunately...

[lepton]

Bump