Meet the Left's New Soros: Swiss Billionaire Becomes Democrat Mega-Donor:
The Sixteen Thirty Fund’s multi-million dollar grants singlehandedly powered some other organizations on the left, and it also incubated other groups, as a “fiscal sponsor,” that fought against Trump’s Supreme Court nominees, backed liberal ballot measures and policy proposals in different states and organized opposition to Republican tax and health care policies. [Emphasis added]
Its massive 2020 fundraising and spending illustrates the extent to which the left embraced the use of “dark money” to fight for its causes in recent years. After decrying big-money Republican donors over the last decade, as well as the Supreme Court rulings that flooded politics with more cash, Democrats now benefit from hundreds of millions of dollars of undisclosed donations as well. [Emphasis added]
Meanwhile, the New Venture Fund, which has received almost $40 million in donations from Wyss since 2016, centers its nonprofit work around the tenants of Critical Race Theory (CRT) and Diversity, Equity, and Inclusion (DEI).
“Our vision is an equitable world built on respect, access, opportunity, distributed power, and advancement for all people,” the group’s mission statement reads.
