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Arabella Advisors

Progressive dark money network manager; $1.6B+ in annual revenue
Tracked because Progressive dark money network manager; $1.6B+ in annual revenue · 34 documented connections
Editorial summary · AI-drafted from public records

Washington DC-based consulting firm managing a network of nonprofit entities (New Venture Fund, Sixteen Thirty Fund, Windward Fund, North Fund) that function as a progressive dark money network. Combined entities received $1.6B+ in 2021. Receives funding from Soros-linked donors. Criticized for opacity — donors can fund causes through Arabella-managed entities without public disclosure.

Facts on record15
Connections mapped34
Sources cited22
✦ Thin coverage gap +84 connected to 34 entities · only 15 facts on record · flagged for follow-up research
Evidence: 9P+1 1S 5I
Network web → Timeline → Compare with… → Position Drift → Coverage tone → View on Graph → View Card → Export CSV JSON Dossier ← Entity Directory
Stated vs Revealed
No documented contradictions on file.
PATTERN company → [affiliation] → organization → [affiliation] → ... 156× PATTERN organization → [affiliation] → organization → [affiliatio... 156× PATTERN elected official → [donor] → person → [philanthropic advi... 65× PATTERN company → [philanthropic advisor] → person → [donor] → el... 65× PATTERN organization → [affiliation] → company → [affiliation] → ... 49×
Connection Map
Key Connections
← George Soros person
philanthropic advisor
George Soros's Open Society Foundations have retained Arabella Advisors, a philanthropic advisory firm that manages donor-advised funds and facilitates grants to progressive organizations.
← North Fund organization
funding network
North Fund is listed as part of the Arabella Advisors network of dark money nonprofit funds (alongside Telescope Fund, Hopewell Fund, Windward Fund, New Venture Fund).
→ Bill & Melinda Gates Foundation institution
funding_source
Arabella network brought in $1.7 billion in 2020 from Gates Foundation, Warren Buffett's foundation and others.
← Committee on Racial Equity government agency
organizational_network
Committee on Racial Equity operates within the Arabella Advisors fiscal sponsorship network alongside multiple other progressive organizations
→ New Venture Fund institution
manages
Arabella Advisors manages New Venture Fund ($972M revenue 2021).
→ Sixteen Thirty Fund organization
manages
Arabella manages this 501(c)(4) as part of its network
← Jennifer Steans person
beneficial owner
Listed as single beneficial owner of Arabella Advisors
← Financial Investment Corporation (FIC) company
subsidiary
Has ownership ties through subsidiary Concentric Equity Partners
Facts (15)
Data Freshness
Ageing Last update: 161d ago · Avg age: 623d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (10)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
✓ verified Primary Source Using 'pass-through' arrangements, funding is passed from one organization to another, making it difficult to trace where a donor's money ends up
✓ verified Primary Source Arabella Advisors utilizes tax regulations where groups using fiscal sponsorship arrangements do not have to file Form 990 with the IRS
✓ verified Primary Source The Arabella Network has directly financed roughly $56 million in North Carolina, mostly for left-wing organizations
✓ verified Primary Source Arabella Advisors is controlled by a third corporation: Arabella Acquisition, LLC, whose owners remain unknown
✓ verified Primary Source In November 2025, Arabella Advisors announced it was rebranding to Sunflower Services after being acquired
Date: 2025-11-01 Added: 13 Apr 2026 ↗ SOURCE: Wikipedia and Washington Examiner
✓ verified Primary Source In the 2022 election cycle, Arabella's fundraising rose to $3 billion
Date: 2022-12-31 Added: 13 Apr 2026 ↗ SOURCE: Scott Walter's book and Fox News reporting
✓ verified Primary Source In the 2020 election cycle, Arabella's nonprofits took in $2.4 billion, more than the fundraising of the Democratic and Republican National Committees combined
Date: 2020-12-31 Added: 13 Apr 2026 ↗ SOURCE: Scott Walter's book on Arabella Advisors
✓ verified Primary Source Between Arabella's founding in 2005 and 2021, Arabella raised $6.5 billion, the vast majority of which flowed to policy and litigation groups on the left
Date: 2021-12-31 Added: 13 Apr 2026 ↗ SOURCE: Wikipedia citing documented sources
✓ verified Primary Source Arabella network brought in $1.7 billion in 2020 from Gates Foundation, Warren Buffett's foundation and others
Date: 2020-12-31 Added: 13 Apr 2026 ↗ RECORDS: Capital Research Center investigation
✓ verified Partially Corroborated Arabella Advisors filed filing with the SEC on 2022-04-05. Accession number: N/A.
All Connections (34)
→ New Venture Fund institution
manages primary
Arabella Advisors manages New Venture Fund ($972M revenue 2021).
→ Sixteen Thirty Fund organization
manages confirmed
Arabella manages this 501(c)(4) as part of its network
funding_source primary since 2020
Arabella network brought in $1.7 billion in 2020 from Gates Foundation, Warren Buffett's foundation and others.
→ Windward Fund organization
affiliation inferential since 2020
Arabella Advisors and Windward Fund are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Hopewell Fund organization
affiliation inferential since 2020
Arabella Advisors and Hopewell Fund are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Tides Foundation institution
affiliation inferential since 2020
Arabella Advisors and Tides Foundation are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Media Matters for America institution
affiliation inferential since 2020
Arabella Advisors and Media Matters for America are both part of the 'Arabella network' of left-leaning nonprofit organizations.
affiliation inferential since 2020
Arabella Advisors and ACLU are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Open Society Foundations institution
affiliation inferential since 2020
Arabella Advisors and Open Society Foundations are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Capital Research Center organization
affiliation inferential since 2020
Arabella Advisors and Capital Research Center are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Vital Impact company
affiliation inferential since 2020
Arabella Advisors and Vital Impact are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Impetus Fund organization
affiliation inferential since 2020
Arabella Advisors and Impetus Fund are both part of the 'Arabella network' of left-leaning nonprofit organizations.
affiliation inferential since 2020
Arabella Advisors and American Engagement Technologies are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Demand Justice organization
affiliation inferential since 2020
Arabella Advisors and Demand Justice are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Community Change organization
affiliation inferential since 2020
Arabella Advisors and Community Change are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Roosevelt Institute organization
affiliation inferential since 2020
Arabella Advisors and Roosevelt Institute are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Roosevelt Forward organization
affiliation inferential since 2020
Arabella Advisors and Roosevelt Forward are both part of the 'Arabella network' of left-leaning nonprofit organizations.
→ Governing for Impact organization
affiliation inferential since 2020
Arabella Advisors and Governing for Impact are both part of the 'Arabella network' of left-leaning nonprofit organizations.
← Wyss Foundation institution
donor secondary
Wyss Foundation is major funder in Arabella Advisors dark money network.
← Jennifer Steans person
beneficial owner confirmed
Listed as single beneficial owner of Arabella Advisors
subsidiary confirmed
Has ownership ties through subsidiary Concentric Equity Partners
← Sunflower Services company
acquired confirmed
Acquired Arabella's fiscal sponsorship operations in November 2025
← Committee on Racial Equity government agency
organizational_network primary since 2020
Committee on Racial Equity operates within the Arabella Advisors fiscal sponsorship network alongside multiple other progressive organizations
← Eric Kessler person
founder confirmed
Founded consulting firm in 2005 after family wealth from auto parts company sale
← Community Change Action organization
potential_funding_network inferential since 2026
Community Change Action appears in the entity list near numerous Arabella Advisors-managed funds (Sixteen Thirty Fund, Hopewell Fund, Windward Fund, North Fund, New Venture Fund), indicating it may be part of the Arabella network of liberal nonprofit advocacy organizations.
fiscal_sponsor_network secondary since 2007
CAP and Arabella Advisors appear in proximity in the known list; CAP has received funding through Arabella-managed donor-advised funds such as the New Venture Fund.
← Democracy Alliance institution
associated organization inferential since 2016
Arabella Advisors manages donor-advised funds frequently used by Democracy Alliance members for charitable giving.
← Quantum Fund instrument
financial intermediary inferential since 2010
Arabella Advisors has managed donor-advised funds for Soros-linked philanthropies, which were funded by Quantum Fund profits, directing money to progressive causes.
← The Hub Project organization
funding/fiscal sponsorship inferential since 2026
The Hub Project is listed among entities associated with Arabella Advisors' managed funds (North Fund, Telescope Fund, etc.) in the database of known entities.
affiliation inferential since 2026
The entity name 'Arabella Acquisition, LLC' shares the first name 'Arabella' with the known entity 'Arabella Advisors', a prominent philanthropic advisory firm. While no direct business relationship is documented in the provided facts, the shared branding suggests a potential connection that warrants further investigation.
← North Fund organization
funding network primary since 2018
North Fund is listed as part of the Arabella Advisors network of dark money nonprofit funds (alongside Telescope Fund, Hopewell Fund, Windward Fund, New Venture Fund).
← George Soros person
philanthropic advisor primary since 2010
George Soros's Open Society Foundations have retained Arabella Advisors, a philanthropic advisory firm that manages donor-advised funds and facilitates grants to progressive organizations.
← Hansjörg Wyss person
intermediary/organizational link inferential since 2016
Wyss's donations to the Sixteen Thirty Fund and New Venture Fund place him as a major donor to the Arabella Advisors network of nonprofits.
← Telescope Fund organization
affiliation inferential since 2026
Telescope Fund appears in a section of the entity list alongside multiple funds often associated with the 'Arabella Advisors' network of donor-advised funds (including North Fund, Impetus Fund, New Venture Fund, Windward Fund, Hopewell Fund, Sixteen Thirty Fund), suggesting Telescope Fund may be part of or affiliated with this network.
Sources (22)
2026-05-09 UNVERIFIED SEARCH_ERROR: Arabella Advisors not found in sam_gov claim_flag Processed 📜 Receipt
2021-12-08 ↗ SEC EDGAR: filing — Arabella Advisors (2021-12-08) sec_filing Processed 📜 Receipt
2023-03-27 ↗ SEC EDGAR: filing — Arabella Advisors (2023-03-27) sec_filing Processed 📜 Receipt
2022-04-05 ↗ SEC EDGAR: filing — Arabella Advisors (2022-04-05) sec_filing Processed 📜 Receipt
2021-11-24 ↗ SEC EDGAR: filing — Arabella Advisors (2021-11-24) sec_filing Processed 📜 Receipt
2026-05-09 UNVERIFIED SEARCH_ERROR: Arabella Advisors not found in usaspending claim_flag Processed 📜 Receipt
2026-05-09 UNVERIFIED SEARCH_ERROR: Arabella Advisors not found in opencorporates claim_flag Processed 📜 Receipt
2026 UNVERIFIED Research: Arabella Advisors — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt
2026 UNVERIFIED Research: Arabella Advisors — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: Arabella Advisors — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Arabella Advisors — Corporate registrations (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Arabella Advisors — USASpending contracts (no results) contract Processed 📜 Receipt
— ↗ Wikipedia on Arabella's financial structure web_search Processed 📜 Receipt
— ↗ Wikipedia citing tax regulations web_search Processed 📜 Receipt
— ↗ John Locke Foundation analysis web_search Processed 📜 Receipt
— ↗ Illinois secretary of state business filings cited by InfluenceWatch web_search Processed 📜 Receipt
2025-11-01 ↗ Wikipedia and Washington Examiner web_search Processed 📜 Receipt
2022-12-31 ↗ Scott Walter's book and Fox News reporting web_search Processed 📜 Receipt
2020-12-31 ↗ Scott Walter's book on Arabella Advisors web_search Processed 📜 Receipt
2021-12-31 ↗ Wikipedia citing documented sources web_search Processed 📜 Receipt
2020-12-31 ↗ Capital Research Center investigation web_search Processed 📜 Receipt
2022-04-05 ↗ SEC EDGAR: filing — Arabella Advisors (2022-04-05) web_search Processed 📜 Receipt