Gates Foundation Secretly Deals a Powerful Blow to the Left’s Dark Money Engine
This summer, the Bill & Melinda Gates Foundation secretly began the process of withdrawing from its longstanding partnership with Arabella Advisors, a central hub of the Left’s dark money network.
This news, first reported by The New York Times, may seem irrelevant or esoteric, but it will likely send shockwaves through the political world.
The Gates Foundation isn’t just some billionaire’s side hustle—it’s the largest private foundation in the world. The foundation’s endowment stood at $77.2 billion at the end of last year, and it spent $102.3 billion since its inception, giving $8 billion in 2024 alone.
Bill Gates, the founder of Microsoft, has used the foundation to forward many of the left-leaning elites’ preferred causes, such as contraception, global development, vaccines, and more. While many of his causes align with the Left, he has not embraced an outwardly activist image like Hungarian American billionaire George Soros, eBay founder Pierre Omidyar, or Swiss billionaire Hansjorg Wyss.
The Gates Foundation’s divorce from Arabella doesn’t just represent a loss of cash, but a loss of respectability and clout, as Arabella draws more scrutiny as an engine of leftist political activism.
The Gates Foundation had given $450 million to Arabella-linked entities over the past 16 years, but on June 24, the foundation’s CEO Mark Suzman sent an internal memo announcing the foundation would halt new grants to the nonprofits Arabella works with, The New York Times’ Theodore Schleifer reported last........
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