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| Fifth Column | |
| Bill Gates makes secret move at $77 billion foundation that could have huge political implications | |
| 2025-08-27 | |
The Gates Foundation decided in late June to stop funding grants to nonprofits managed by Washington DC-based Arabella Advisors, according to an internal foundation announcement obtained by the New York Times. Executives at the foundation, which generally supports health initiatives around the world, said it would not make any new investments with 'Arabella-related entities,' would not extend any existing grants to the for-profit consulting firm and would even try to 'pursue early exits' from a few long-term investments. They cited a desire to engage more directly with grant recipients and cut back on the use of intermediaries as the reason for the change. 'Teams are increasingly working directly with programmatic partners - organizations that are deeply embedded in the communities we serve and [are] closely aligned with our mission,' the June 24 announcement said. 'As we look ahead, this is a chance to build deeper, more durable relationships with those partners - and to reinforce the kind of legacy we want to leave behind.' A spokesperson for the Gates Foundation also claimed in a statement to the Times that its move to cut ties with Arabella was 'a business decision that reflects our regular strategic assessments and partnerships.' But the change comes amid increased scrutiny of Arabella for its 'dark money' funds that support Democrats and progressive causes, as Gates' desire to protect the charity he founded and led for nearly three decades. Related: Bill Gates 07/04/2025 Microsoft applies for 6,000 guest worker visas amid mass layoffs Bill Gates 06/22/2025 Sweden is a strategic node for the Muslim Brotherhood in Europe Bill Gates 06/20/2025 Nvidia Invests in Nuclear Energy Startup Founded by Creepy Bill Gates Related: Arabella Advisors: 2025-08-02 OMG undercover: Leftist Nonprofit Head Spills Beans About Secret ‘Notification System’ To Help Illegals Evade ICE Arrest Arabella Advisors: 2025-05-25 Day 4: Did 'Free Palestine' Terrorist Get Support from Goldman Sachs and China? Arabella Advisors: 2025-05-06 Lefty groups behind anti-Trump protests in US propped up by billionaires and dark-money network Related: Gates Foundation: 2025-08-02 OMG undercover: Leftist Nonprofit Head Spills Beans About Secret ‘Notification System’ To Help Illegals Evade ICE Arrest Gates Foundation: 2025-03-25 Liberal Dark Money Network Arabella Advisors, Other Progressive Non-Profits Behind Push for IRS's Direct File Initiative Gates Foundation: 2025-03-04 US actions may set polio eradication back, says WHO | |
| Posted by:Skidmark |