Report: Liberal Dark Money Umbrella Facilitated $1.6 Billion in Recent Years
Posted By Joe Schoffstall On April 18, 2019 @ 4:59 am
An intricate web of liberal dark money groups saw $1.6 billion in contributions from deep-pocketed Democratic donors flow through a network of "fiscal sponsor" organizations to be used on causes and initiatives between 2013 and 2017, according to a new report from the Capital Research Center.
The report, Big Money in Dark Shadows: Arabella Advisors' Half-Billion-Dollar "Dark Money" Network, touches base on Arabella Advisors LLC, a social venture firm that provides consulting to liberal philanthropy endeavors.
"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," Capital Research Center writes in its report. "The real puppeteer, though, is Arabella Advisors, which has managed to largely conceal its role in coordinating so much of the professional Left's infrastructure under a mask of ‘philanthropy.'"
URL to article:
https://freebeacon.com/politics/report-liberal-dark-money-umbrella-facilitated-1-6-billion-in-recent-years/
