Pelosi-aligned nonprofit Dark Money has received $3 million from a group powered by a Swiss billionaire

0

NEWYou can now listen to Fox News articles!

A black money nonprofit aligned with House Speaker Nancy Pelosi has received a multi-million dollar cash injection from a secret money group powered by a Swiss billionaire.

The Pelosi-aligned nonprofit House Majority Forward received a $3 million donation from the California Fund for a Better Future in 2020, according to tax forms, which was its largest contribution that year. Neither group makes its donors public.

But while Fund for a Better Future obscures its backers, the Berger Action Fund, a nonprofit created by Swiss billionaire Hansjorg Wyss, said on its own tax forms that it sent $25 million to the funds between April 2019 and March 2021.

NANCY PELOSI-ALIGNED NON-PROFIT DARK MONEY HAS NOT COMPLIED IN CALIFORNIA FOR MONTHS, RECORDS SHOW

Former Mayor Michael Bloomberg and philanthropist Hansjorg Wyss at the Four Seasons restaurant on April 1, 2015 in New York City.
(Craig Barritt/Getty Images for Oceana)

House Majority Forward is the nonprofit affiliate of the Pelosi-aligned House Majority PAC, which works to retain Democrats in the House of Representatives. The non-profit organization has channeled $10 million in its affiliate PAC in 2020, according to federal documents.

The Wyss-backed Fund for a Better Future has also injected significant funds into Georgia gubernatorial candidate Stacey Abrams’ nonprofit in 2020. The Washington Free Beacon on Friday reported that the fund cut a $3 million check to Abrams’ Fair Fight Action, which works on election laws.

GEORGE SOROS THROWS $1M BEHIND STACEY ABRAMS’ SECOND GUBERNATORIAL RACE

Wyss has quietly positioned itself as a major funder for left-leaning nonprofits, The New York Times reported last year. The Swiss billionaire operates by funneling money through his nonprofits to other liberal groups, many of which work on electoral activities such as efforts to get the vote.

His citizenship, meanwhile, has been put under the microscope.

House Speaker Nancy Pelosi

House Speaker Nancy Pelosi
(AP Photo/J. Scott Applewhite)

Watchdog group Americans for Public Trust (APT) uncovered many documents that question his citizenship, including a 2021 Securities and Exchange Commission filing in which he says he is a “Swiss citizen.”

“Swiss billionaire Hansjorg Wyss has been intruding on our political landscape for years funneling hundreds of millions of dollars through the Arabella Advisors network to benefit liberal and left-wing causes,” said Caitlin Sutherland, executive director of APT, at Fox News Digital.

“While openly bragging to the international press about its considerable influence in our country, Wyss’ US-based nonprofit organizations have refused to admit what has now been confirmed: Wyss has never been and still is not a U.S. citizen,” Sutherland said.

Speaker Nancy Pelosi speaks during a press conference on Capitol Hill on March 19, 2021.

Speaker Nancy Pelosi speaks during a press conference on Capitol Hill on March 19, 2021.
(Chip Somodevilla/Pool via AP)

“This puts him in clear violation of our laws which prohibit foreign nationals from directly or indirectly influencing our elections,” Sutherland said.

CLICK HERE TO GET THE FOX NEWS APP

APT is to pursue the Federal Election Commission for failing to act on a complaint filed by the group regarding Wyss last year. The APT wants the commission to look into whether the foreign billionaire violated federal law with his donations.

In the case of Fund for a Better Future, it is impossible to determine where Wyss’ money ends up.

The Berger Action Fund told Fox News Digital that the money is for the fund’s “work to improve policies on climate change, health care and income inequality” and that the group “strictly prohibits its grant recipients from using grant funds for electoral activities, including to support or oppose candidates or political parties.

House Majority Forward did not respond to Fox News Digital’s requests for comment.

Share.

About Author

Comments are closed.