{"id":2100842,"date":"2023-11-16T14:09:03","date_gmt":"2023-11-16T19:09:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/under-ethics-scrutiny-liberal-dark-money-behemoth-arabella-advisors-discloses-1-3-billion-fundraising-haul\/"},"modified":"2023-11-16T14:12:09","modified_gmt":"2023-11-16T19:12:09","slug":"under-ethics-scrutiny-liberal-dark-money-behemoth-arabella-advisors-discloses-1-3-billion-fundraising-haul","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/under-ethics-scrutiny-liberal-dark-money-behemoth-arabella-advisors-discloses-1-3-billion-fundraising-haul\/","title":{"rendered":"Liberal dark money giant Arabella Advisors reveals $1.3B fundraising amid ethics scrutiny."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Funder-ethics-scrutiny-liberal-dark-money-behemoth-arabella-advisors-discloses-1-3-billion-fundraising-haul%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2100842&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The Left-Wing Dark\u2063 Money Behemoth Arabella\u2063 Advisors Raises $1.35 Billion\u200d in 2022<\/h2>\n<p>The tax\u2062 documents released on \u200bWednesday reveal that Arabella Advisors\u2062 and its \u2064five\u2063 nonprofit funds have raised \u200can astonishing $1.35 billion from anonymous donors in 2022. This <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/under-ethics-scrutiny-liberal-dark-money-behemoth-arabella-advisors-discloses-1-3-billion-fundraising-haul\/\" title=\"Liberal dark money giant Arabella Advisors reveals .3B fundraising amid ethics scrutiny.\">left-wing\u200b dark money powerhouse played<\/a>\u2062 a \u200cdominant role in the 2022 midterm elections,\u200b distributing\u200c $937 million to\u200d outside\u2062 liberal organizations\u200c and political initiatives. Additionally, Arabella\u200d spent nearly $500 million operating \u200dits own network of\u2064 grassroots\u2064 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fox-news-is-a-uniquely-destructive-force-leftists-call-for-boycott-of-fnc\/\" title=\"\u2018Fox News Is A Uniquely Destructive Force\u2019: Leftists Call For Boycott Of FNC\">left-wing activist groups<\/a> across\u2064 the country.<\/p>\n<p>Despite its \u2063impressive fundraising, Arabella has\u2063 faced significant challenges this year. The network is currently under investigation by\u200d the attorney general of the District of Columbia, who issued subpoenas to Arabella and \u2062its largest funds following allegations of financial mismanagement. In May,\u2062 Arabella had to lay off 10 \u2062percent\u200b of its\u200b workforce, and it recently\u200c appointed its third CEO since 2021.<\/p>\n<blockquote>\n<p>&#8220;Arabella\u2019s empire continues to \u200cstruggle,\u2063 losing revenue as \u2062well as leadership, but it\u2019s\u2062 still \u200bthe \u2064800-pound gorilla \u2063of Democratic \u2018dark money.\u2019 Lawsuits,\u200b investigations, \u2063and potential Senate subpoenas are tarnishing it\u200c and likely scaring away some donors,&#8221; said Capital Research Center president Scott Walter. &#8220;Yet it still poured money into Michigan and other swing\u200c states. Wounded by controversy, it remains a \u2063dangerous animal.&#8221;<\/p>\n<\/blockquote>\n<p>The Sixteen Thirty Fund, Arabella Advisors&#8217; primary political arm, spent \u200bover $66 million supporting liberal politicians and \u2064ballot \u200binitiatives in 2022. Notably,\u2064 the fund allocated $20 million to strengthen abortion rights and make ballot\u2062 drop boxes \u2063a permanent feature of state elections, both of which were successful.\u2062 The Sixteen Thirty Fund also contributed over $20 million to America Votes, a group that coordinates left-wing policies in swing \u200cstates such as Georgia, \u2062Pennsylvania, Nevada, Wisconsin, and North Carolina.<\/p>\n<p>These figures are likely to fuel \u200cRepublican efforts\u200d to pass legislation that \u2062bans foreign nationals, like Swiss billionaire\u2064 Hansj\u00f6rg Wyss, from contributing to political\u200d dark money groups. Wyss, who is prohibited from \u200cdonating directly to \u200cpolitical candidates or PACs, has contributed at\u2064 least $208 million to the \u200dSixteen\u200b Thirty Fund since 2016.<\/p>\n<p>In addition to the New Venture Fund and Sixteen Thirty Fund, Arabella Advisors operates the \u200cNorth Fund,\u2062 Windward Fund, and Hopewell Fund. When asked for comment, the five \u2064nonprofits\u200b provided the Free Beacon with copies\u2063 of their 990s\u200c and \u2062donor impact reports.<\/p>\n<blockquote>\n<p>&#8220;These documents reveal\u2063 the overwhelming influence of\u2062 the\u2063 left-wing\u200c Arabella Advisors network on American politics,&#8221; said Americans \u2063for Public Trust\u200b executive director \u200bCaitlin\u200c Sutherland. &#8220;In 2022\u2064 alone, these groups spent $1.4\u2063 billion to push our country toward more extreme causes and\u2064 candidates. As the 2024 election cycle ramps up, the \u200cAmerican people deserve to\u2063 know just \u2062how much influence the foreign-backed Arabella network has on our local, \u2062state, and federal elections.&#8221;<\/p>\n<\/blockquote>\n<p>The true \u2064extent of Arabella&#8217;s influence over the 2022 midterms is difficult to ascertain from its tax filings. Internal records obtained by the Free Beacon indicate that Arabella exercises centralized control over its \u200bfive funds, which\u2063 then establish temporary pop-up groups in key states using their \u2063tax-exempt status. Examples of these Arabella pop-up groups include\u200d Kansans for Secure \u2062Elections\u2063 and the SoCal Healthcare\u2064 Coalition.<\/p>\n<p> <\/p>\n<h2> Despite facing challenges \u2064such as an investigation, layoffs, and leadership instability, how has Arabella Advisors managed to maintain its influence as a \u200bpowerful\u200d force in Democratic &#8216;dark money&#8217; politics, according to Capital Research Center&#8217;s president<\/h2>\n<p><span>  This <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/days-before-election-stacey-abramss-poster-child-voter-registration-group-is-in-turmoil\/\" title=\"Days Before Election, Stacey Abrams\u2019s \u2018Poster Child\u2019 Voter Registration Group is in Turmoil\">left-wing dark money behemoth<\/a> \u200dhas long been known for its significant influence in shaping the American political landscape. \u200bWith its vast resources and \u200cnetwork of nonprofit \u200bfunds, Arabella Advisors has been a key player in\u200d pushing progressive agendas and supporting liberal organizations and\u2062 candidates.<\/p>\n<p>The\u2063 recent tax \u2063documents \u200creleased by Arabella Advisors reveal the astonishing amount of $1.35 billion raised in \u20642022 alone. These funds were contributed by anonymous donors, raising\u200d concerns about the lack of transparency\u200d surrounding the sources of Arabella&#8217;s money.<\/p>\n<p>The significant fundraising efforts \u200cof Arabella Advisors have allowed the\u200b organization to distribute a \u2063staggering $937 million to outside liberal organizations \u200band\u200b political initiatives during the 2022 midterm elections. This immense financial support has undoubtedly\u2062 played a prominent \u200crole in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-house-judiciary-republicans-demand-bidens-ag-explain-memo-involving-fbi-in-local-schools-call-for-ethics-investigation\/\" title=\"EXCLUSIVE: House Judiciary Republicans Demand Biden\u2019s AG Explain Memo Involving FBI In Local Schools, Call For Ethics Investigation\">advancing left-wing<\/a> causes \u200band securing victories for progressive candidates.<\/p>\n<p>In addition to its significant financial contributions,\u2062 Arabella\u2062 Advisors has also been actively\u200d involved in grassroots activism. The organization has spent nearly $500 million operating its\u200c own network of left-wing activist groups \u200dacross the\u200c country. Through these efforts, Arabella has been able\u200c to mobilize support at the grassroots level and generate further momentum for its progressive agenda.<\/p>\n<p>Despite its undeniable \u200dinfluence and impressive\u2064 fundraising efforts, Arabella Advisors has not been without its challenges this\u2064 year. The organization is currently facing an investigation by the \u2063attorney\u2063 general of the District of Columbia, who issued subpoenas to Arabella and its largest funds in response to allegations of financial mismanagement.<\/p>\n<p>Furthermore, Arabella Advisors had to make the \u200ddifficult decision to lay off 10 percent of\u2063 its workforce in May of this year. \u2062This indicates a significant financial strain on the organization \u2064and suggests that it\u200d may be facing difficulties in sustaining its \u2063operations.<\/p>\n<p>Additionally, Arabella Advisors\u2062 has recently appointed its\u2064 third CEO since 2021, indicating instability in the leadership of\u200d the organization. These challenges highlight the\u2063 vulnerability and possible weakening of Arabella Advisors\u200c despite its massive fundraising and influence.<\/p>\n<p>The \u200dpresident of Capital Research Center, Scott Walter, \u2064commented on Arabella&#8217;s current \u2062situation, stating that while the organization might be facing controversies and legal scrutiny, it remains a powerful force in Democratic &#8216;dark money&#8217; politics. However, the \u2064ongoing lawsuits,\u2062 investigations, and potential Senate subpoenas may be causing concern among donors, potentially leading\u200c to a decline in\u200d support.<\/p>\n<p>Arabella Advisors&#8217; primary political arm, \u200dthe Sixteen Thirty Fund, has also been\u2064 active in supporting liberal politicians and ballot initiatives. With over $66\u200c million spent in 2022, the Sixteen Thirty Fund has further solidified its role \u200cas an influential player in progressive politics.<\/p>\n<p>In conclusion, Arabella Advisors&#8217;\u2063 significant fundraising efforts and distribution of funds to liberal organizations and political initiatives \u200chave cemented its\u200c position as a left-wing dark \u200dmoney\u2063 behemoth. While the organization\u200c faced challenges throughout \u20622022, including investigations and financial difficulties, it has continued to \u2064exert its influence\u2063 in shaping political outcomes. As the political landscape\u2062 continues to \u200devolve, Arabella \u200bAdvisors&#8217; role and influence \u200bin\u2063 progressive politics will undoubtedly remain a\u2064 subject of scrutiny and debate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The left-wing dark money behemoth Arabella Advisors and its five nonprofit funds raised a staggering $1.35 billion from anonymous donors in 2022, tax documents released Wednesday show. The disclosures show that Arabella and its offshoots, which include the New Venture Fund and Sixteen Thirty Fund, were dominant players in the 2022 midterm elections. Arabella\u2019s groups<\/p>\n","protected":false},"author":108,"featured_media":2100843,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2100842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2100842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/108"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2100842"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2100842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2100843"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2100842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2100842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2100842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}