Arabella Advisors is the biggest name in politics you’ve never heard.

Posted by freedomforall 2 months ago to Politics
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Excerpt:
"“Our country is increasingly polarized in many ways, but we possess near-universal agreement that foreigners and foreign money should not meddle in our politics,” Mr. Walter said.

In November 2023, Arabella named Himesh Bhise, formerly a telecom executive, as its CEO. He replaced Sampriti Ganguli, who, according to her LinkedIn page, left the organization in December 2022 after she moved from CEO to become a part-time senior adviser.

In November 2021, Ms. Ganguli said in an interview with The Atlantic that Arabella is the American left’s equivalent to the conservative mega-donor Charles Koch. She is now an independent consultant in Arlington, Virginia.

Mr. Bhise, according to political donor records maintained by watchdog organization OpenSecrets, made small donations to Democrat candidates between 2008 and 2018.

The Nonprofit Funds
According to nonprofit tax forms reviewed by The Epoch Times, Arabella is paid to provide the administrative, operations, and management services for six politically active tax-exempt funds: New Venture Fund, Sixteen Thirty Fund, Hopewell Fund, Windward Fund, North Fund, and Impetus Fund.

In 2020, in the run-up to the general election between now-President Joe Biden and President Donald Trump, those groups funneled hundreds of millions of dollars to organizations that were intimately involved in a myriad of activities, including efforts to get out the vote, facilitate mail-in voting, explicitly oppose President Trump’s campaign, or support President Biden’s campaign.

The nonprofit organizations are required to file a Form 990 return with the IRS at the end of their fiscal year or the calendar year. However, it reflects the activities of the prior year. Americans, therefore, won’t know what the Arabella-linked funds were up to in 2024 until the end of 2025 at the earliest.

Influencing the 2020 Election
Collectively, the Arabella-linked funds spent about $1.4 billion in fiscal 2020. "
SOURCE URL: https://www.zerohedge.com/political/money-machine-behind-progressive-election-efforts


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