One of the nonprofit groups managed by a for-profit consulting firm called Arabella Advisors, Sixteen Thirty donated more than $63 million to super PACs backing Democrats or opposing Republicans in 2020, including the pro-Biden groups Priorities USA Action and Unite the Country and the scandal-plagued anti-Trump group Lincoln Project, according to Federal Election Commission filings.
Another nonprofit managed by Arabella, the New Venture Fund, which is set up under a section of the tax code barring it from partisan political spending, received more than $27.6 million from the Wyss Foundation from 2016 through 2019.
Tax filings by the Sixteen Thirty Fund and New Venture Fund do not indicate how they spent the funds from Mr. Wyss’s groups, nor do tax filings submitted by the Sacramento-based Fund for a Better Future, which passes money from donors to groups that push to shape the political process in a way that helps Democrats. The Fund for a Better Future has received the majority of its funding — nearly $45.2 million between the spring of 2016 and the spring of 2020 — from the Berger Action Fund.
The Sixteen Thirty Fund, New Venture Fund and Fund for a Better Future did not answer questions about how they spent funds from Mr. Wyss’s organizations, except to say that the money did not go to partisan campaign efforts.
Sixteen Thirty and New Venture have helped create and fund dozens of groups, including some that worked to block Mr. Trump’s nominees and push progressive appointments by Mr. Biden.
Among the groups under the umbrella of Sixteen Thirty and New Venture is the Hub Project, which was started by Mr. Wyss’s philanthropic network in 2015 as a sort of incubator for groups backing Democrats and their causes, as first reported by The Times. It created more than a dozen groups with anodyne-sounding names that planned to spend $30 million attacking Republican congressional candidates before the 2018 election.
In response to questions about donations being passed through to other organizations, Mr. Floyd said in a statement that the board of the Berger Action Fund has begun in recent years placing “a greater emphasis on supporting other nonprofit organizations or grant-making organizations, like the Sixteen Thirty Fund, that help identify, support and grow promising public interest projects.”
Several officials from the Hub Project were hired by the Biden administration, including Rosemary Enobakhare, a former Environmental Protection Agency official in the Obama administration who returned to the agency under Mr. Biden; Maju Varghese as director of the White House Military Office; and Janelle Jones as chief economist for the Labor Department.
Molly McUsic — the president of the Wyss Foundation and the Berger Action Fund, and a former board member of the Fund for a Better Future and the Sixteen Thirty Fund — was a member of the Biden transition team that reviewed Interior Department policies and personnel.
Wow.
Aren't RWNJ's so glad they got the SC to pass into the Citizen's United law?
Not so much, when "others" use it.
Why don't you care that the Dems are being bought by foreign nationals? That should cross all party lines, but I guess you just don't care about this country.
Funny, you sound so "concerned, about our "country", when it's a democrat.
October 10 2019
Lev Parnas and Igor Fruman, associates of Trump attorney Rudy Giuliani, were
arrested on Thursday and charged with trying to aid Ukrainian and Russian foreign nationals by secretly directing $325,000 to a pro-Trump super PAC. And they are only the latest in a string of moneymen and women connected to Trump — including possible Middle Eastern donors to Trump’s inaugural committee, Mar-a-Lago neighbor Cindy Yang, GOP fundraiser Elliott Broidy and imprisoned former Trump campaign chair Paul Manafort — who have come under scrutiny since 2016 over funneling foreign money into American politics.
www.politico.com › news › 2019/10/10
I think that based on the fact that it's FOREIGN nationals who are doing the buying, that the Dems are doing the bidding of the FOREIGN nationals.
At least the Repubs were being bought by AMERICANS!
Really?
A mere 72 hours after the Chinese government agreed to put a half-billion dollars into an Indonesian project that will personally enrich
Donald Trump, the president ordered a bailout for a Chinese-government-owned cellphone maker.
President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done!
— Donald J. Trump (@realDonaldTrump)
May 13, 2018
Trump did not mention in that tweet or its follow-ups that on Thursday, the developer of a theme park resort outside of Jakarta had signed a deal to receive as much as $500 million in
Chinese government loans, as well as another $500 million from Chinese banks, according to Agence France-Presse. Trump’s family business, the Trump Organization, has a deal to license the Trump name to the resort, which includes a golf course and hotels.
www.forbes.com
www.cbsnews.com
