The Dark Money Network Funding the Left
The Dark Money Network Funding the Left
The American political landscape has no place for dark money like this. Let’s pray that all other groups like Arabella are exposed.
From Capital Research Center. The countryās largest and perhaps most influential ādark moneyā network pulled in nearly $1.6 billion in 2021, according to new IRS filings, a mere $148 million drop from the record $1.7 billion in revenues it posted in 2020.
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At the top of this nonprofit network is,Ā Arabella Advisors, a for-profit consultancy that advises foundations and donors on grantmaking to left-of-center political causes. The Capital Research Center was the first to expose Arabellaās massive nonprofit apparatus in early 2019, which has since become the poster child for anonymous spending in Americaās top political fights. Since then weāve identified hundreds of Arabella-run āpop-upā groups, as well as attack campaigns launched from the companyās offices under the aegis of its various nonprofits.
Possibly the networkās financial decline from 2020 may suggest that the Arabella network has peaked, considering its steady growth year-after-year starting in 2006. On the other hand, the small decline in revenues may just reflect left-wing donorsā slightly diminished political enthusiasm in an off-year, versus a presidential year, especially after the networkās 2020 revenues grew by 136 percentāover $1 billionāover the previous year. We wonāt know until the network releases its 2022 disclosures next year, which will shed some light on its political activities during the recent midterm elections.
New Venture Fund
The largest 501(c)(3) in the Arabella network is also its oldest:Ā New Venture FundĀ (formerly the Arabella Legacy Fund), is responsible for 60 percent ($964 million) of the networkās total revenues in 2021 alone.
Notably, New Venture paid Arabella Advisors nearly $30 million for management services in 2021; it paid another $2 million toĀ BerlinRosen, a public relations firm servicing Democratic campaigns and leftist groups such as theĀ Service Employees International Union (SEIU).
While (c)(3) groups arenāt required to disclose their donorsā names, they must report the donation sums. New Ventureās top donor gave it an impressive $120 million. The next-highest gave it $103 million, followed by seven(!) donations of $10,000,000 or more. The smallest posted anonymous contribution was $20 million.
New Venture funneled grants to hundreds of left-wing groups in 2021, including:
- $7.1 million toĀ America Votes, a get-out-the-vote group that bills itself as the ācoordination hub of the progressive communityā;
- $2.8 million toĀ Demand Justice Initiative, the (c)(3) arm of the court-packing groupĀ Demand Justice, which was originally incubated by Arabellaās Sixteen Thirty Fund;
- $1.4 million toĀ CASA De Maryland, an illegal immigration advocacy nonprofit;
- $3.4 million toĀ CERES, a climate action group;
- $1.9 million toĀ New Florida Majority Education Fund, a Democratic voter turnout group;
- $2.1 million to theĀ Tides Center and FoundationĀ (combined), one of the Leftās top pass-through networks; and
- $1.7 million toĀ NEO Philanthropy, which passes grants from mega-donors to political groups.
New Venture also shuffled money to a handful of its āsisterā nonprofits managed by Arabella …
Sixteen Thirty Fund
ArabellaāsĀ Sixteen Thirty Fund is the largest and oldest 501(c)(4) in the network. In 2021, it reported $191 million in revenues and paid the company $5.2 million in consulting fees. …
Major grants from Sixteen Thirty Fund include:
- $19 million to theĀ League of Conservation Voters, one of the eco-Leftās top get-out-the-vote groups for Democrats and aĀ significant donorĀ to Sen. Sheldon Whitehouse (D-RI), who claims to be the biggest enemy in Washington of ādark moneyā;
- $2 million to the Sixteen Thirty spin-offĀ Demand JusticeĀ and $110,000 toĀ Demand Justice PAC, which together aim to pack Americaās courts with left-wing judges ;
- $8.8 million toĀ Advancing Arizona, created to flip Arizonaās U.S. Senate seats blue;
- $1.5 million toĀ America Votes, a get-out-the-vote group;
- $2.5 million toĀ Protect MI Vote, a leftist election āreformā group;
- $2.1 million toĀ American Bridge 21st Century, an anti-Republican attack group;
- $1.2 million toĀ Amplify New Hampshire, a leftist advocacy group;
- $2 million toĀ Environmental Defense Action Fund, a major āgreenā advocacy organization;
- $2 million to theĀ Natural Resources Defense Council (NRDC) Action Fund, a climate change action lobby; and
- $6.7 million to theĀ Partnership Project Action Fund, a climate change advocacy group.
The grants from the Sixteen Thirty and New Venture Funds to Demand Justice and its various arms also call into question Arabella AdvisorsāĀ claim earlier this year that it ādoes not work for Demand Justice in any capacity,ā calling it a ācompletely independent nonprofit organization.ā What American believes that, when Group A receives millions of dollars from Group B, the two groups are perfectly independent? …
What do you think of Arabella? Share your thoughts and prayers below.
(Excerpt from Capital Research Center. Photo Credit: Aidan Bartos on Unsplash)
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Comments
No wonder America is in trouble, as I total the list of leftist organizations to bring about our
collaspe. Praying against this evil stronghold on America. Let the tide turn, as people wake up
to our idols and addictions. Let us return to our heritage and covenant with GOD on the throne!
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In all this, we have to pray and trust God for corruption and dark money to stop.