Left-Wing Dark Money Network Quietly Added New Arm To Move Millions In Anonymous Funds

The nation’s most prolific left-wing dark money behemoth quietly added a new organization to its network of nonprofits, newly surfaced documents reveal.

The Telescope Fund became the seventh organization managed by the shadowy for-profit firm Arabella Advisors in 2021, joining a network of organizations notable for pouring hundreds of millions of untraceable dollars into left-of-center political and advocacy groups, The Washington Free Beacon reported. The new nonprofit will offer donor-advised funds (DAFs), a type of charitable account that allows donors to obscure their giving by routing donations through a DAF.

DAFs distribute funds to organizations at the advice of the original donor and with the consent of the charity maintaining the fund. Donations are made in the name of the charity, effectively hiding the source of the funds.