The Gates Foundation, valued at $77 billion, has decided to halt all funding to nonprofit funds administered by Arabella Advisors, a consulting firm closely linked to Democratic causes. This decision, made quietly in late June and reported by The New York Times, involves pulling back hundreds of millions of dollars previously directed to Arabella, which operates nearly 200 nonprofits as a fiscal sponsor. Arabella Advisors has been described as a major player in managing left-leaning political and philanthropic networks. The move represents a substantial reduction in support for Arabella's network and reflects efforts by the Gates Foundation to distance itself from politically charged organizations. The decision comes amid broader scrutiny of dark money fiscal sponsors and political funding strategies. Separately, Microsoft co-founder Paul Allen’s $3.1 billion foundation continues to invest heavily in science and technology, with Steve Ballmer serving on its board.
DailyClout: "Bill Gates Foundation Halts Donations to Democrat-Linked Nonprofit Network" "The Gates Foundation halts Democrat funding by cutting ties with Arabella Advisors, a nonprofit network long accused of funneling anonymous money to progressive causes."
A multimillionaire Democratic donor’s guilty plea raises broader questions about corruption in environmentalist schemes like carbon-offset trading. | @AndrewCFollett https://t.co/de4k5IsiuX
“The senator calls #climatechange greatest moral crisis of our time… In 13 weeks @charlesadler billed $46,000. in flights. His emissions were 131,000 kilograms, according to U.S. Civil Aviation carbon calculator.” PODCAST: [10-minute listen] https://t.co/AspRtSORtz