The New Venture Fund, Sixteen Thirty Fund, Windward Fund, Hopewell Fund, and North Fund managed by Arabella Advisors raised $1.3 billion in anonymous donations last year, according to new tax filings. The Arabella network has emerged as a major left-wing dark money conduit in recent years, with each fund able to hide its donors while acting as a sponsor for other left-wing nonprofits, thus avoiding the submission of revealing tax documents to the Internal Revenue Service (IRS).
“The North Fund is an advocacy nonprofit collaborating with community leaders and organizers to engage Americans in their democracy and fighting for equality across the country,” said one of the funds when quizzed on its activity. “We accomplish this through our fiscal sponsorship model, which allowed us to support a broad range of impactful partners in 2022,” it added.To Read More.................
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