Do you know what “dark money” is.  This article should help

By:  Adam Shaw 

FOX NEWS                                                                                        

An expansive network of “shadowy” dark money donors has grown to rival the influence of the conservative  Koch brothers — pumping millions into left-wing causes ranging from health care to climate change to abortion — aIl while flying weIl under the radar of public scrutiny,  according to an explosive new report obtained by Fox News.

www.israel-commentary.org

The report, by conservative watchdog Capital Research Center, describes a band of nonprofits operating under the banner of Washington based philanthropy company Arabella Advisors. Those pop up groups are   housed in four Arabella controlled  “sister”  nonprofits, according to the report: the New Venture Fund, Sixteen Thirty Fund, Hopewell Fund and Windward Fund.        

“Together, these groups form an interlocking network of dark money pop-up groups and other fiscally sponsored projects “all afloat in a half-billion-dollar ocean of cash,” the report says. “The real puppeteer, though, is Arabella Advisors, which has managed to conceal largely its role in coordinating so much of the professional Left’s  infrastructure under a mask of  ‘philanthropy’.    

The report says the “hydra-like” network brought in $l.6 billion between 20l3 and 20l7 “to advance the political policies desired by wealthy left-wing interests,” as the network’s revenues grew by 392 percent. The four Arabella-Controlled  “sister”  groups brought in $582 million in 2017 alone, according to the report. If the four groups were a single entity, it would make them the 22nd largest pubIic charity in America, with higher revenues than the American Civil Liberties Union, (ACLU),  Planned Parenthood or the Clinton Foundation. 

Arabella’s website says the company was founded to  “provide strategic guidance for effective philanthropy”  and is “dedicated to helping clients make a difference on the issues that matter to them – from climate to women and girls, education, good food and more.” All told, the company represents clients with collective assets totaling more than $100 billion dollars.

The report claims the group runs a network of “astroturf’  activities including as many as 340 “pop up”  groups — which the report says are often little more than websites created to give the appearance of grassroots  campaigns. It cites the organization’s activities pushing  back against Republican efforts to repeal and replace ObamaCare as an example of its political activism.     

At a glance, these groups — such as Save My Care  and Protect Our Care — appeared to be impassioned examples of citizen activists defending ObamaCare,” the  report says ” in reality neither ‘not-for-profit’ advocacy group appears to have paid staff, held board meetings, or  even owned so much as a pen.”

 Consequently, the report says, the groups can be used to run “short-term, high intensity media campaigns  targeting the news cycle” such as the Kavanaugh during  confirmation hearing. The report gave the example of  activists, led by Demand Justice, waving glossy “Stop  Kavanaugh” signs in protest of the conservative nominee’s  confirmation.                                                 

Demand Justice, led by former Hillary Clinton press secretary Brian Fallon, is very active on judicial  issues — and is more than just a website. But the report  described the organization as part of the broader network, specifically “a front for the Sixteen Thirty Fund.”         

The Sixteen Thirty Fund, according to a July 20l8 Politico report, was described as “among the most prolific  political advertisers of 20l8 and aired 6,88f broadcast TV ads between January and July while $4.6 spending millions on TV alone,”  Politico cited the group as an example of the Left embracing the “dark money” tactics it long accused the right of weaponizing. 

Politico identified 12 groups set up through the  Sixteen Thirty Fund on health care alone. By serving  as those groups’ “fiscal sponsor,” Sixteen Thirty Fund  manages the money and aggregates their financial activities in its tax filings — making it hard to work out how much money was spent by the different groups and where.

The new report says liberal mega-donor George Soros’ Democracy Alliance, for instance, used the Sixteen Thirty Fund and New Venture Fund to host several projects ‘that didn’t disclose their original funders.”     

The Capital Research Center report says that Atabella’s nonprofit network allows  it to mask the “pop up” groups nature, making them seem like the work of “grassroots” activists rather than what it calls “front groups for million-dollar non-profits.”          

Democrats and left-wing activists — including   Rep. Alexandria Ocasio-Cortez, D-N.Y. — have been  increasingly vocal in their calls to clamp down and  regulate “‘dark money” in U.S. political activities. But dark money has had bipartisan beneficiaries    

A January report from Issue One, a bipartisan advocacy group, shows that liberal groups spent over 1/2 million of dark money in the latest election.    Conservative groups spent a third of the figure, while nonpartisan groups spent just 15 percent percent.

The CapitaI Research Center report warns: “Before left-of-center activists and politicians demand Iaws to  increase transparency in the funding of campaigns and  public policy advocacy, they may first wish to consider  voluntarily disclosing their own funding sources.”   

Please donate to the Capital Research Center Online below or call directly 1-202-483-6900

To subscribe to Israel Commentary:  Send your email address to: jkaufman253469@icloud.com 

Web Page: www.israelcommentary.org    “Like” on Facebook @  1. Israel Commentary  2) Jerome S. Kaufman

Comments

comments

Powered by Facebook Comments