Inside The Dark Money Dem Group Using An Umbrella Network To Flay Trump Over His Virus Response
Two super PACs — Pacronym and American Bridge — that are thrashing President Donald Trump’s response to the coronavirus pandemic are affiliated with Arabella Advisors, a consulting firm that is not required to identify its donors.
Academics and other researchers said flaying the president over his virus response so early in the health crisis skirts ethical boundaries, and that he should be given more leeway on the matter.
One of Pacronym’s affiliated groups is creating a large network of so-called local news outlets that are designed to promote progressive viewpoints inside battleground states.
Two left-leaning large super PAC groups that kickstarted a digital ad campaign targeting President Donald Trump’s coronavirus response have ties to a wealthy dark money network.
American Bridge 21st Century and Pacronym are cutting ads thrashing Trump’s handling of the virus and becoming two of the first super PACs to go after the president on the health crisis, The Washington Post reported. Both groups also have ties to two large nonprofit groups — New Venture Fund and Sixteen Thirty Fund — connected to a massive left-leaning consulting group.
NVF gave one of Pacronym’s nonprofits — ACRONYM — $250,000 while providing American Bridge $40,000 in 2018, according to NVF’s 2018 IRS documents. IRS records also indicated American Bridge pulled in $200,000 in 2018 from nonprofit Sixteen Thirty Fund, which reportedly spent $141 million on various left-leaning causes during the midterm election year.
Sixteen Thirty Fund and nonprofit NVF are tied into the same sprawling network, according to an analysis by the Daily Caller News Foundation. Arabella Advisors, a philanthropic consulting company based in Washington, D.C., manages four nonprofits, including the NVF, Sixteen Thirty Fund, Hopewell Fund and the Windward Fund.
Sixteen Thirty Fund has not responded to the DCNF’s request for comment, while NVF acknowledged making a grant to ACRONYM in 2018 but noted that it “has nothing to do with the activities at PACRONYM or American Bridge.” NVF also notified the DCNF that it provided a “grant to the Daily Caller News Foundation in the past.”
Arabella representative Steve Sampson called NVF merely a “client of ours,” even though the consulting group shares a Washington, D.C., office with all four groups, according to NVF and Sixteen Thirty Fund’s 2018 IRS records. American Bridge has not responded to the DCNF’s request for comment.
https://dailycaller.com/2020/04/01/trump-virus-response-ads-democrats/