An uncovered report details the agenda of “a sprawling network of left-wing foundations, non-profit groups, and individual donors and activists” who “may be flouting federal law in advocating an anti-fossil-fuel agenda.” The Free Beacon,
“The 92-page report details how those individuals and organizations have disbursed tens of millions of dollars, often shielded from public scrutiny, to sway elections and public policy toward environmentalist goals.
“Much of the money behind the effort, the report claims, is laundered through non-profit groups prohibited from engaging in political activity…
“The club, it says, is “adept at converting charitable donations into political outcomes by taking advantage of loopholes in the tax code. Numerous examples raise questions as to whether the charitable donations are indirectly supporting political activity.”
“Three groups form the Billionaire’s Club’s fundraising and coordination apparatus: the Environmental Grantmakers Association, the Democracy Alliance, and the “Invest/Divest movement,” which seeks to pressure financial institutions to “green” their investment portfolios.”