Foreign billionaires funnel $2.6B to US advocacy groups to influence policy, watchdog report claims
What's the endgame here?
FIRST ON FOX: A damning new report was released Tuesday morning ahead of a House Ways & Means Committee hearing aimed at exposing foreign actors sending money to U.S. nonprofits.
The hearing, which is titled, "Foreign Influence in American Non-profits: Unmasking Threats from Beijing and Beyond," will begin around 10:00 a.m. (EST).
Six foreign entities have funneled more than $2.65 billion into American politics, according to the new report by conservative watchdog Americans for Public Trust (APT), which highlights a loophole that APT says allows foreign nationals to funnel money to influence American politics "virtually unchecked."
Foreign nationals are prohibited from donating directly to political campaigns, but money supporting U.S. candidates for office or their viewpoints can also come from 501(c)(3) and (c)(4) nonprofits.
HOUSE REPUBLICANS SOUND ALARM OVER CCP-LINKED FAKE RESEARCH THREATENING US TAXPAYER-FUNDED SCIENCE
"Foreign donors can currently fund U.S.-based advocacy groups – most often 501(c)(3)s and 501(c)(4)s – virtually unchecked," the report alleges. It adds that while the money APT uncovered is "highly concerning" solely on its own, there is "undoubtedly even more overseas funding sources backing and influencing U.S. advocacy efforts."
The six entities highlighted in APT's report come from Switzerland, Denmark and the United Kingdom. The largest donor identified in the report was Switzerland-based Oak Foundation, established by British billionaire retail mogul Alan Parker, which has given around $753 million to U.S.-based advocacy groups.
Through the Oak Foundation, Parker has supported left-wing environmental groups like Greenpeace, the Environmental Law Institute, the World Resources Institute and the World Wildlife Fund, according to the Capital Research Center's Influence Watch, which cited the group's grant database that now appears to be removed.
Influence Watch added that through its grants, the Oak Foundation has positioned itself as a major supporter of China's Belt and Road Initiative, which China critics argue is part of a geopolitical strategy disguised as infrastructure investment.
APT's report also points out that the Swiss-based Oak Foundation has poured tens of millions into the Arabella network of left-wing advocacy groups, including $67 million to the New Venture Fund, $12 million to the Windward Fund and $2.8 million to the Hopewell Fund. The left-wing Tides Foundation has also received money from the Oak Foundation.
TAX COMMITTEE REPUBLICANS PRESS FOR TREASURY CRACKDOWN ON NONPROFITS PROMOTING FRAUD, …
What's the endgame here?
FIRST ON FOX: A damning new report was released Tuesday morning ahead of a House Ways & Means Committee hearing aimed at exposing foreign actors sending money to U.S. nonprofits.
The hearing, which is titled, "Foreign Influence in American Non-profits: Unmasking Threats from Beijing and Beyond," will begin around 10:00 a.m. (EST).
Six foreign entities have funneled more than $2.65 billion into American politics, according to the new report by conservative watchdog Americans for Public Trust (APT), which highlights a loophole that APT says allows foreign nationals to funnel money to influence American politics "virtually unchecked."
Foreign nationals are prohibited from donating directly to political campaigns, but money supporting U.S. candidates for office or their viewpoints can also come from 501(c)(3) and (c)(4) nonprofits.
HOUSE REPUBLICANS SOUND ALARM OVER CCP-LINKED FAKE RESEARCH THREATENING US TAXPAYER-FUNDED SCIENCE
"Foreign donors can currently fund U.S.-based advocacy groups – most often 501(c)(3)s and 501(c)(4)s – virtually unchecked," the report alleges. It adds that while the money APT uncovered is "highly concerning" solely on its own, there is "undoubtedly even more overseas funding sources backing and influencing U.S. advocacy efforts."
The six entities highlighted in APT's report come from Switzerland, Denmark and the United Kingdom. The largest donor identified in the report was Switzerland-based Oak Foundation, established by British billionaire retail mogul Alan Parker, which has given around $753 million to U.S.-based advocacy groups.
Through the Oak Foundation, Parker has supported left-wing environmental groups like Greenpeace, the Environmental Law Institute, the World Resources Institute and the World Wildlife Fund, according to the Capital Research Center's Influence Watch, which cited the group's grant database that now appears to be removed.
Influence Watch added that through its grants, the Oak Foundation has positioned itself as a major supporter of China's Belt and Road Initiative, which China critics argue is part of a geopolitical strategy disguised as infrastructure investment.
APT's report also points out that the Swiss-based Oak Foundation has poured tens of millions into the Arabella network of left-wing advocacy groups, including $67 million to the New Venture Fund, $12 million to the Windward Fund and $2.8 million to the Hopewell Fund. The left-wing Tides Foundation has also received money from the Oak Foundation.
TAX COMMITTEE REPUBLICANS PRESS FOR TREASURY CRACKDOWN ON NONPROFITS PROMOTING FRAUD, …
Foreign billionaires funnel $2.6B to US advocacy groups to influence policy, watchdog report claims
What's the endgame here?
FIRST ON FOX: A damning new report was released Tuesday morning ahead of a House Ways & Means Committee hearing aimed at exposing foreign actors sending money to U.S. nonprofits.
The hearing, which is titled, "Foreign Influence in American Non-profits: Unmasking Threats from Beijing and Beyond," will begin around 10:00 a.m. (EST).
Six foreign entities have funneled more than $2.65 billion into American politics, according to the new report by conservative watchdog Americans for Public Trust (APT), which highlights a loophole that APT says allows foreign nationals to funnel money to influence American politics "virtually unchecked."
Foreign nationals are prohibited from donating directly to political campaigns, but money supporting U.S. candidates for office or their viewpoints can also come from 501(c)(3) and (c)(4) nonprofits.
HOUSE REPUBLICANS SOUND ALARM OVER CCP-LINKED FAKE RESEARCH THREATENING US TAXPAYER-FUNDED SCIENCE
"Foreign donors can currently fund U.S.-based advocacy groups – most often 501(c)(3)s and 501(c)(4)s – virtually unchecked," the report alleges. It adds that while the money APT uncovered is "highly concerning" solely on its own, there is "undoubtedly even more overseas funding sources backing and influencing U.S. advocacy efforts."
The six entities highlighted in APT's report come from Switzerland, Denmark and the United Kingdom. The largest donor identified in the report was Switzerland-based Oak Foundation, established by British billionaire retail mogul Alan Parker, which has given around $753 million to U.S.-based advocacy groups.
Through the Oak Foundation, Parker has supported left-wing environmental groups like Greenpeace, the Environmental Law Institute, the World Resources Institute and the World Wildlife Fund, according to the Capital Research Center's Influence Watch, which cited the group's grant database that now appears to be removed.
Influence Watch added that through its grants, the Oak Foundation has positioned itself as a major supporter of China's Belt and Road Initiative, which China critics argue is part of a geopolitical strategy disguised as infrastructure investment.
APT's report also points out that the Swiss-based Oak Foundation has poured tens of millions into the Arabella network of left-wing advocacy groups, including $67 million to the New Venture Fund, $12 million to the Windward Fund and $2.8 million to the Hopewell Fund. The left-wing Tides Foundation has also received money from the Oak Foundation.
TAX COMMITTEE REPUBLICANS PRESS FOR TREASURY CRACKDOWN ON NONPROFITS PROMOTING FRAUD, …
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