Sixteen Thirty Fund Archives - The Florida Capital Star

Tens of Millions in Foreign Funds Could Be Flowing into 2024 Election to Help Dems, Report Reveals

October 23, 2024October 22, 2024 Daily Caller News Foundation

A Democratic-aligned dark money group that receives significant backing from a foreign billionaire is dumping tens of millions of dollars into influencing ballot initiatives ahead of November’s election, according to a new report.

The Sixteen Thirty Fund received $143 million in backing from the Berger Action Fund, a nonprofit bankrolled by Swiss billionaire Hansjorg Wyss, between 2019 and 2022. This election cycle, the Sixteen Thirty Fund has spent nearly $23 million on ballot initiatives in a number of swing states on issues like abortion, minimum wage policy and election reform, according to a report from watchdog group Americans for Public Trust (APT).

Soros and Democratic Dark Money Bankrolling ‘Grassroots’ Campaign Pushing Abortion in Florida

June 14, 2024June 13, 2024 Florida Capital Star Staff

The organization behind a ballot initiative that could reverse Florida’s six-week abortion ban goes to lengths to promote its “grassroots” credentials, all while taking in millions from liberal dark money groups and other deep-pocketed sources, campaign finance records show.

Floridians Protecting Freedom (FPF), one of the main groups pushing for a 2024 ballot measure that would enshrine the right to an abortion in the state’s constitution, touts its “grassroots” campaign and fundraising in several press releases it has sent out in recent months. However, the group has taken in massive sums of cash from a sprawling liberal dark money network and organizations backed by wealthy liberal donors.

Liberal ‘Dark Money’ Groups Gave Millions to SCOTUS Watchdogs Targeting Alito, Thomas, Docs Show

November 22, 2023November 21, 2023 Just the News

Nonprofit organizations managed by the liberal “dark money” consulting firm Arabella Advisors gave millions of dollars to “nonpartisan” Supreme Court watchdogs, new documents show, after a campaign was launched earlier this year targeting conservative Supreme Court Justices Clarence Thomas and Samuel Alito for not fully disclosing their finances.

Former Clinton appointee Eric Kessler founded Arabella Advisors in 2005, and its subsidiaries include the Sixteen Thirty Fund, the Hopewell Fund, the New Venture Fund, the Windward Fund and the North Fund.

Billionaire-Funded SuperPAC ‘Forward Majority Action’ Will Target State Legislatures in 2024

November 14, 2023November 13, 2023 Florida Capital Star Staff

A super PAC funded by liberal megadonors and foundations announced a multi-million dollar push to register voters likely to support Democrats in 2024 state legislature elections.

Forward Majority Action on Monday announced the launch of its $25 million Battleground Voter Project, an initiative that aims to get people likely to support the Democratic Party registered to vote in the key states of Arizona, Georgia, Michigan, North Carolina, Pennsylvania and Texas. Forward Majority Action is funded by a who’s who of liberal megadonors and political organizations, including the Soros family, left-wing groups like the Sixteen Thirty Fund and Bridge to Democracy and liberal megadonors like Reid Hoffman and Karla Jurvetson.

Far-Left Dark Money Group Spent over $1.5 Billion for Left-Wing Causes in 2021

November 17, 2022November 16, 2022 Florida Capital Star Staff

A far-left dark money group, the largest in the nation, accumulated over $1.5 billion in anonymous donations to fund left-wing causes in 2021, according to recently-revealed tax forms.

Fox News reports that the network in question consists of five prominent nonprofit groups collectively managed by Arabella Advisors, a consulting firm based in Washington D.C. The five nonprofits are the Hopewell Fund, New Venture Fund, North Fund, Sixteen Thirty Fund, and Windward Fund. The same network spent another $1 billion in 2022.

Democratic Dark Money Juggernaut Called Security on Watchdog Instead of Releasing Their Tax Information

November 18, 2021November 17, 2021 Florida Capital Star Staff

The leader of a conservative watchdog group said Arabella Advisors, a Democratic dark money juggernaut, had security remove her from their office on Monday morning after she made an in-person request for nonprofit tax documents Arabella is legally required to provide.

Arabella has been called the “mothership” behind a network of Democratic dark money nonprofit groups that have raised a combined $3 billion from mostly anonymous donors as of 2019. Arabella’s dark money network includes the Sixteen Thirty Fund, which funneled millions into a left-wing effort to stop Supreme Court Justice Brett Kavanaugh’s confirmation in 2018, and the New Venture Fund, which helped bankroll a group that launched a local news network in 2019 that, according to Bloomberg, functions as “political instruments designed to get them [readers] to vote for Democrats.”