Trump Calls For RICO Charges Against Soros Over Violent Protest Support; Gates Foundation Abruptly Severs Ties With Rogue Arabella Advisors
Update (1215ET):
Commentary via Peter Schweizer & Seamus Bruner of the Government Accountability Institute:
The Arabella network has been exposed as a dark money machine for the radical Left. Gates has decided he doesn't like the look. Amazing how quick these 'Controligarchs' change course once they feel which way the political winds are blowing. Gates isn't suddenly a conservative hero, he's just hedging his bets because he knows the radical Left's grip is slipping.
The Gates Foundation has funneled more than $200 million to the Arabella network funds since, according to the most recent financial disclosures.
The "dark money" network operated by Arabella Advisors has reportedly lost one of its top funding sources: a leftist billionaire's foundation.
Equally significant in the news cycle this morning, President Trump stated on Truth Social that George Soros and his radical leftist son, Alex Soros, "should be charged with RICO because of their support of violent protests."
A New York Times report indicates that the Gates Foundation has halted funding to nonprofit funds managed by Arabella empire, choosing instead to work directly with some partners rather than through intermediaries.
In its internal announcement, dated June 24 and sent to some Gates employees who oversee grant programs, foundation officials did not mention politics. Instead, they cited a desire to engage more directly with grant recipients and cut back on the use of intermediaries like Arabella entities.
"Teams are increasingly working directly with programmatic partners — organizations that are deeply embedded in the communities we serve and closely aligned with our mission," the note reads. "As we look ahead, this is a chance to build deeper, more durable relationships with those partners — and to reinforce the kind of legacy we want to leave behind." -NYT
Tracing the Arabella network's donors is tricky. But according to the NYT, the Gates Foundation has plowed $450 million into the network since 2008, which in turn funneled money into other nonprofit entities, ranging from radical leftist climate groups to abortion initiatives, and even supporting the permanent protest-industrial complex against President Trump.
Some nonprofits are distancing themselves from Arabella network to keep Gates funding.
Several groups have started exiting Arabella's New Venture Fund (NVF), which serves as a fiscal sponsor for 170+ projects and has funneled billions into progressive causes.
While Gates once accounted for a significant share of NVF funding, in 2023 its contribution was only 2%. Still, losing Gates threatens Arabella netowrk's influence and revenue streams.
https://www.zerohedge.com/political/gates-foundation-cuts-ties-arabella-advisors-linked-funding-radical-leftist-causes