Tag: computer network

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. “The size and scope of the Arabella network of funds demonstrates far more ‘dark money’ exists on the left side of the political spectrum than has been previously admitted,” the report says. He also founded the New Venture Fund and is on the board of the Sixteen Thirty Fund. The report gave the example of activists, led by Demand Justice, waving glossy “Stop Kavanaugh” signs in protest of the conservative nominee's confirmation. 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 Capital Research Center report says that Arabella’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 multi-million-dollar non-profits.” Conservatives, however, are still spending more "dark money" than liberals in some areas. Vice, citing a study by the Brennan Center for Justice, reported last year that groups supporting Kavanaugh's confirmation spent at least $7.3 million on TV ads, while those opposing him spent at least $2.9 million. A January report from Issue One, a bipartisan advocacy group, shows that liberal groups spent over half of the $150 million of dark money in the latest election. The Capital Research Center report warns: “Before left-of-center activists and politicians demand laws to increase transparency in the funding of campaigns and public policy advocacy, they may first wish to consider voluntarily disclosing their own funding sources.” Fox News' Lukas Mikelionis contributed to this report.