Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Politics

Soros nonprofit drops massive 8-figure donation to super PAC bankrolling left-wing groups

by April 17, 2024
April 17, 2024
Soros nonprofit drops massive 8-figure donation to super PAC bankrolling left-wing groups

A nonprofit founded and funded by liberal billionaire George Soros funneled a massive eight-figure sum into a prominent liberal super PAC that bankrolls several left-wing groups, according to records reviewed by Fox News Digital.

Soros’ Fund for Policy Reform poured $60 million into the Democracy PAC in the first quarter of this year, which then funneled millions of dollars into top Democratic committees benefiting House and Senate races, along with other liberal groups, FEC records posted on Monday show.

Of the $21 million that Democracy PAC sent to a dozen left-wing groups, $8 million was evenly divided between a pair of top outside groups benefitting House and Senate Democrats, $2.5 million to Planned Parenthood, $2.5 million to BlackPAC and $1.8 million to American Bridge, a Democratic opposition research firm.

Democracy PAC also sent $500,000 to Americans for Contraception Victory and $1 million to the ColorOfChange PAC.

Color of Change has been among the most active groups advocating to defund the police. In 2021, they were at the forefront of the unsuccessful push to ‘dismantle’ and replace the Minneapolis Police Department, an effort that was fueled by $500,000 from George Soros’ Open Society Policy Center.

‘We know that policing doesn’t keep us safe, communities do,’ reads a Color of Change petition calling on supporters to demand their local officials start the defunding process. ‘Policing doesn’t lead to thriving communities, investment does.’

The $60 million figure was the second largest in the 2024 election cycle so far, eclipsed only by the $82.5 million a state-level super PAC gave to Never Back Down, the super PAC backing Florida Gov. Ron DeSantis’ ill-fated presidential campaign, Bloomberg reported.

Fox News Digital reached out to Soros’ Open Society Foundations for comment, but did not receive a response.

Soros recently handed control of his political empire last year to his son, Alex, and his various organizations have continued to exert significant financial influence, including millions of dollars aimed at flipping Texas to Democrats.

Fox News Digital reported last fall that a Soros-funded group pushed more than $15 million to a nonprofit tied to President Biden’s main outside super PAC for the 2024 elections to evaluate crucial policy matters.

The Soros network appears to be closely involved in doing what it can to help ensure President Biden is re-elected, as evidenced by Alex Soros huddling with high-ranking Democrats shortly after taking over the Open Society Foundations.

Alex’s social media profiles have dozens of pictures of him and leading House and Senate Democrats since 2018. The two who appear the most are Senate Majority Leader Chuck Schumer of New York and then-House Speaker Nancy Pelosi of California. Alex had at least nine meetings with Schumer, whom he referred to as his ‘good friend.’  

Alex had at least eight visits with Pelosi, calling her the ‘greatest Speaker of the House in American History!’ 

Fox News Digital’s Joe Schoffstall and Cameron Cawthorne contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Putin shared surprising advice with Iranian counterpart following unprecedented attack on Israel
next post
Massie threatens to oust Speaker Johnson if he doesn’t step down over foreign aid plan

Related Posts

Dem champions possible Israel-Hamas hostage deal ahead of...

November 20, 2023

CCP flagship newspaper touts Biden campaign’s TikTok, criticizes...

March 1, 2024

Nancy Pelosi repeatedly urges White House audience to...

August 17, 2023

Johnson says House will consider border bill alongside...

April 18, 2024

Trump vows to create ‘Christian Visibility Day’ following...

April 3, 2024

Comer subpoenas personal, business bank records for Hunter...

September 29, 2023

Impeachment trial of Texas Republican Attorney General Ken...

September 5, 2023

Speaker Johnson reveals $17 billion Israel aid bill,...

February 4, 2024

Newsom justifies Hunter Biden business deals, says using...

September 19, 2023

Tim Scott rolls out bill to protect sensitive...

October 24, 2023

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 4

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 5

      Top 9 Nickel-producing Countries (Updated 2024)

      April 23, 2024
    • 6

      Australian abolitionist, Grace Forrest, receives coveted ‘Freedom from Fear’ award

      April 13, 2024
    • 7

      LME Sanctions on Russian Metal Push Copper, Nickel and Aluminum Prices Higher

      April 17, 2024

    Categories

    • Business (1,028)
    • Investing (2,046)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,347)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved