Mutual Fund and ETF data provided by Refinitiv Lipper. Defend Alaska Elections did not respond to an inquiry from Sludge for this article. The campaign takes aim at Trump's executive order intended to lower prescription drug prices. The group has quickly risen to become one of the biggest players in the presidential race, on par with longtime Democratic super PAC Priorities USA Action's operation, which has already spent $130 million so far this election cycle, as well as billionaire Michael Bloomberg's pledge to spend $100 million toward helping Biden win Florida in November. In the 2017-18 election cycle, Arabella raised more than twice as much as the combined $501 million raked in by the Republican National Committee and the Democratic National Committee. EXCLUSIVE: A network of left-wing groups with budgets eclipsing those of conservative powerhouses like the Heritage Foundation will likely “carpet bomb” the 2020 election with anonymous dark money, a new report obtained by Fox News warns. 0. ©2020 FOX News Network, LLC. One of the group's 30-second YouTube ads has more than 2 million views. The order was signed by the president in September. The Sixteen Thirty Fund pushed back on that assessment in a statement to Fox News, saying it was “completely false” for the CRC to describe it as the “lobbying shop” for Arabella. Democratic Sen. Sheldon Whitehouse has repeatedly warned against the dangers of dark-money political groups taking millions of donations from … Read more Democracy coverage from Sludge: Baltimore County Grassroots Groups Look To Continue a Public Financing Wave, Arizona Judge Reinstates GOP Law Shielding ‘Dark Money’, Billionaire Oligarchs and Anonymous Megadonors Behind Amy Coney Barrett Ads, Oregon Voters To Decide on Limitless Corporate Political Donations, Here Are the Billionaires Funding Trump’s Voter Suppression Lawsuits. If you appreciate our independent journalism, Become a member today. The Biden campaign did not immediately respond to ABC News' request for comment. According to DAE’s 30-day campaign finance report, one of its top donors is the super PAC affiliate of Virginia-based Americans for Prosperity (AFP), the conservative “dark money” group founded by billionaire industrialists Charles and David Koch. Legal Statement. Future Forward, the super PAC fronting the effort, has mostly remained under the radar until late September, when it began rolling out a six-figure television ad blitz in support of the former vice president. Kathryn Murdoch, daughter-in-law of billionaire media mogul Rupert Murdoch, who, along with her husband James, split from the Murdoch family to come out in support of Biden earlier this summer, also gave $540,000. The ad spending spree came from a group called A Healthy Future, which has spent more than $400,000 on Google, YouTube and Facebook ads over at least the past 10 days. Arguably the leader of the smear campaign labeling Kavanaugh a gang rapist, among other things, Demand Justice is nothing if not transparent in its desire to pack the court. As a conservative, an originalist, and a black American, I am greatly intrigued by Sen. Edward Markey’s claim that applying the Constitution as it’s written is racist. “Arabella Advisors is not the source of funding for any of these organizations, and we do not exert control over the spending decisions of our clients.”. Undecided: When we'll know more about the presidency, key states and Senate races, States still in play and what makes them that way, Judge declines to move trial of officers in Floyd's death, School district fires Marine vet over medical marijuana use. While numerous groups have used this method to mask their source of funding over the years, Brendan Fischer, the federal reforms director at government ethics group Campaign Legal Center said the sheer level of dark money that is fueling this massive last-minute operation is unprecedented. Democrats don’t have to publicly commit to a party goal of packing the Supreme Court. Facebook's ad archive estimates that the group invested between $30,000 and $40,000 on the recent spots seen on the social media platform. When the government dictates how much we should pay for our prescriptions, not only does the taxpayer bear the brunt of that change but American patients suffer as well," the website says under its issues section. He can be reached here. It says that while some of the nonprofits support “genuinely charitable causes” -- noting New Venture Fund donated to a substance abuse and mental nonprofit in Alaska -- that is a relative fraction of the work. Earlier this month, the Alaska Public Offices Commission (APOC) determined that television, radio, and digital ads from Defend Alaska Elections (DAE), the campaign opposing Alaska Ballot Measure 2, violated the state’s post-Citizens United law requiring all political ad sponsors to identify their top three donors along with the “paid for” disclosure. A little-known dark money group has quietly spent almost half a million dollars in the buildup to Election Day on digital ads against an executive order signed by President Donald Trump. Dark money groups, which do not publicly disclose their donors, combined to spend nearly $20 million on Facebook and Google ads throughout the 2020 campaign, according to … Share on Facebook Share on Twitter. Sign up for free newsletters and get more CNBC delivered to your inbox. "Political committees that are really required disclose their donors have taken a record-breaking amount of dark money contributions during the 2020 election cycle, with hundreds of millions of dollars flowing from dark money groups into political contributions to contributions to political committees," Massoglia added. Super PACs like Future Forward are required to disclose their donors to the Federal Election Commission, but the group reported nearly half of the $74 million it has brought in through mid-October as coming from politically active nonprofits, or so-called "dark money" groups that are not required to disclose their donors to the FEC the same way as PACs and super PACs do -- a tactic used increasingly frequently to mask who's funding political campaigns. Measure 2 would require individuals and groups that donate more than $2,000 to an entity that made independent expenditures in candidate elections last cycle, is making independent expenditures in the current cycle, or that they know or have reason to know will make independent expenditures in the current cycle to report the true source of their contribution to APOC within 24 hours.