Bill Gates Reportedly Turns Off Money Spigot For Left-Wing Dark Money Network

The Gates Foundation discreetly interrupted the support of a large left -to -left network with links with the Democratic Party earlier this summer, the New York Times (NYT) reported on Tuesday.

An internal foundation announcement of June 24 obtained by the NYT shows that the Gates Foundation has chosen to stop making subsidies for non -profit funds administered by Arabella Advisors. The Foundation The June announcement, which was sent to certain employees who oversee the grant programs, did not directly mention the policy, according to the NYT.

The officials of the Gates Foundation mentioned rather wanting to establish “deeper” relations with the partners of the Foundation in the announcement, reported the NYT.

“The teams are working more and more directly with programmatic partners – organizations deeply rooted in the communities that we serve and closely aligned on our mission,” said the internal announcement, according to the NYT. “While we look to the future, it is a chance to build deeper and more lasting relationships with these partners – and to strengthen the type of inheritance we want to leave behind.”

Arabella manages in particular a variety of dark silver funds surrounding Hundreds of millions of dollars that are difficult to trace in political organizations and left -wing defense groups. In 2022, Arabella collected more than a billion dollars and paid millions into liberal causes nationally, Daily Caller News Foundation reported in November 2023. (Related: Exclusive: Juggernaut de l’Argent Noir Democrat called security on Watchdog instead of publishing their tax information)

New York, New York – September 23: While world leaders meet in New York for the United Nations General Assembly, Bill Gates speaks on stage during the annual event of goalkeepers NYC, organized by the Bill & Melinda Gates Foundation, Jazz at Lincoln Center in New York, September 23, 2024. (Photo by Roy Rochlin / Getty) Rochlin / Getty Images)

The Gates Foundation declared in a statement provided to the NYT that its decision to break the links with Arabella was “a commercial decision which reflects our regular strategic assessments of partnerships and operating models”.

The Foundation said in the aforementioned internal announcement that it would not create new investments with “entities linked to Arabella”, such as the Redstone Strategy Group, a consulting company acquired by Arabella in 2023, the NYT reported. In addition, the non -profit organization said that it would not extend the duration of current subsidies and would also try to “continue the first outings” of certain long -term investments, according to the NYT.

Arabella was founded in 2005 by Eric Kessler, a veteran of the Clinton administration and a longtime staff member of the National Democratic Institute (NDI) and the League of Conservation Voters (LCV). The LCV is an American group of environmental advocacy which firmly opposed the Trump administration and whose related Super PAC frequently supports the candidates of the Democratic party to its functions. In addition, non -profit groups managed by Arabella have spent more than $ 4 million in voters’ commitment and recording groups in several battlefield states in 2022.

Billionaire Elon Musk said in March that the Arabella groups and the large Actblue Democratic Fund collection platform were part of a “left NGO [non-governmental organization] Cabal ”who coordinated and helped finance anti-TESLA demonstrations. Musk also called the entities of the Arabella advisers to be the subject of an investigation, the NYT reported.

Five anonymous sources have told NYT that some Arabella customers feared that President Donald Trump could potentially investigate their operations weighed potential means of becoming less dependent on the Arabella services this year.

“We are proud of the work we have done and continue to do with the Gates Foundation and the impact that we helped support their donation to the new venture capital fund,” a spokesperson for Arabella Advisors said in a statement provided to the DCNF. “Arabella Advisors provides operational support to hundreds of philanthropic customers pursuing social changes and we remain determined to provide this support. We have no donors, do not make any subsidies or engage in a political activity. ”

The Gates Foundation did not respond to the request for comments from the DCNF.

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