Conservative Political Action Committee Reportedly Took Soros-Linked ‘Dark Money’

The American Conservative Union took a six-figure donation from one of America’s most powerful anti-Trump organizations, and they won’t disclose why.

QUICK FACTS:
  • National Pulse Editor Raheem Kassan released a report outlining the details surrounding the American Conservative Union (ACU), which hosts the annual Conservative Political Action Conference (CPAC) and their connection to the “dark money,” linked to Leftist financier George Soros.
  • The group took the grant in 2020 for the purposes of “civil rights, social action, advocacy,” according to the fund’s financial records.
  • Matt and Mercedes Schlapp’s group took a cash grant totaling $183,250 for ACU, but declined to comment when questioned about the grant by the National Pulse.
  • Further details about The donation can be found by looking at the full 990 which can be read here.
MORE DETAILS:
  • The group which gave ACU their funds is called The New Venture Fund, whose mission statement revolves around “Race, Equity, Diversity, & Inclusion Commitment.”
  • Typically the fund is known for its work supporting anti-Trump, anti-conservative initiatives.
  • Schlapp was called out by conservative commentators such as Jenna Ellis, a former attorney for President Trump as well as The Blaze’s Allie Stuckey.
BACKGROUND:
  • Group President, Lee Bodner, is a former managing director of Arabella Advisors, which was described by the Atlantic magazine as a “Massive Progressive Dark-Money Group.”
  • Arabella Advisors has targeted former President Donald Trump, his administration officials, and issued more than a billion dollars to leftist groups.

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