Left-wing dark money network hauled in more than $1.3B in anonymous donations for liberal causes in 2023

Each fund acts as a fiscal sponsor to other left-wing nonprofits by providing their tax status to the nonprofits housed beneath them. This setup allows the fiscally sponsored groups to avoid filing tax forms to the IRS. The six funds also move massive sums to progressive groups outside their network.

The latest expenses include hundreds of millions of dollars in funding for internally managed initiatives, meaning the network spent well over $1 billion to support various liberal causes on top of operational costs such as salaries.

New Venture Fund, the largest nonprofit in the network, raised $669 million while the Windward Fund, a "climate resilience" group, received $212 million in secret donations. Combined, the groups spent about $1.1 billion in 2023.

The Sixteen Thirty Fund, a group "committed to tackling society's biggest social challenges" such as climate change and gun reform, brought in $181 million, spending about $141 million.

The North Fund, which received $59 million last year, funds projects related to LGBTQ+-related initiatives, the environment and "gender equity." The group reported spending about $39 million last year.

The Hopewell Fund brought in about $157 million, while the Telescope Fund raised over $69 million in donations last year. The two groups together spent about $193 million.

Combined, the nonprofits also sent back about $48 million to their firm, Arabella Advisors.

The network sent about $17 million to Democratic attorney Marc Elias' firm, Elias Law Group, from both the Hopewell Fund and the North Fund, 

"Year after year the undisputed kings of dark money - the Arabella Advisors network - rake in over a billion dollars to fund their radical leftwing policy pushes across the country," Americans for Public Trust Executive Director Caitlin Sutherland told Fox News Digital in a statement. "For people who claim to want to ban dark money, liberals sure have no problem when it funds their own team."

Arabella Advisors told Fox News Digital that the firm is a "consulting business that supports philanthropy" and that they "did not spend nearly $1.5 billion in 2023." 

"The 2023 tax filings you are referring to do not belong to Arabella Advisors," Arabella Advisors continued. "They are tax filings for independent nonprofit organizations."

Fox News' Joe Schoffstall contributed to this report.