According to opensecrets.org, “Dark Money” describes “political expenditure aimed to influence a voter’s choice” in which neither the donor nor the source of the money is revealed.
Tax records that were just made public reveal that in 2021, a hidden money firm funded by Swiss billionaire Hansjorg Wyss sent tens of millions of dollars to other dark money organizations connected to President Joe Biden, Democratic politicians, and groups with a leftist ideology.
On June 28, 2022, the Wyss Foundation tweeted: As long as it’s allowed, Democrats will use secret funding, as you can see.
Documents show that Democratic megadonor Hansjorg Wyss’s private Wyss Foundation has ties to the Berger Action Fund (BAF). Nonprofit advocacy organizations that backed Biden and Democratic congressional candidates in 2022 received approximately $72 million from the same fund, which is not legally obligated to reveal donor information.
Senator Sheldon Whitehouse (D-RI) is one Democrat who has been a vocal opponent of dark money schemes for years and has introduced legislation requiring nonprofits to reveal the identities of donors who give $10,000 or more during an election cycle.
Reportedly, over $1.5 billion was spent by left-leaning dark money organizations to support Joseph Biden in 2020, while just over $900 million was spent by Republican groups to promote Donald Trump.
The Affordable Care Act, signed into law by former President Obama in 2010, reformed the private insurance industry. The Berger Action Fund (BAF) boasts on its website that its monies had been put aside to safeguard legislation like the ACA.
Organizational goals include addressing “economic inequality and health inequities,” as well as “the biodiversity and climate crises.”
In 2021, BAF gave $42.4 million to the Sixteen Thirty Fund, the most significant left-wing dark money network in the United States and an organization run by Arabella Advisors. They donated money to groups with a progressive ideology that did not have to file tax filings with the IRS (IRS). Like many other groups in the Arabella network, they did not disclose the identities of their financial backers.
The Berger Action Fund (BAF) has donated $339 million to progressive non-profits since 2016. It has been stated that Wyss was indicted for violating federal laws due to his political activities.