Left-wing dark money groups to ‘carpet-bomb’ 2020 election, report warns - News Summed Up

Left-wing dark money groups to ‘carpet-bomb’ 2020 election, report warns


EXCLUSIVE: A network of left-wing groups with budgets eclipsing those of conservative powerhouses like the Heritage Foundation will likely “carpet bomb” the 2020 election with anonymous dark money, a new report obtained by Fox News warns. CRC's latest report, released Friday, found that between 2006 and 2018, the Arabella network reported revenues of $2.4 billion and nearly $1.9 billion in expenditures. “In contrast, the Arabella network brought in almost eight times more than Heritage and 11 times more than Americans for Prosperity," the report says. The CRC report describes how Arabella Advisors “created and actively manages four nonprofits” -- New Venture Fund, Sixteen Thirty Fund, Hopewell Fund and Windward Fund. “Arabella Advisors is a consulting business that supports effective philanthropy and impact investing,” spokesperson Steve Sampson said.


Source: Fox News September 11, 2020 15:45 UTC



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