Posted on 04/04/2023 5:59:15 AM PDT by devane617
The Berger Action Fund is a nondescript name for a group with a rather specific purpose: steering the wealth of Hansjörg Wyss, a Swiss billionaire, into the world of American politics and policy.
As a foreign national, Wyss is prohibited from donating to candidates or political committees. But his influence is still broadly felt through millions of dollars routed through a network of nonprofit groups that invest heavily in the Democratic ecosystem. Such groups don’t have to disclose the source of their funding — or many details about how they spend it.
Newly available tax documents show that his giving through the Berger Action Fund, which describes itself as advocating for “solutions to some of our world’s biggest problems,” swelled in 2021 to $72 million, cementing Wyss’ status as a Democratic-aligned megadonor.
Representatives for Wyss insist they comply with laws governing the giving of foreign nationals and have put in place strict policies limiting the use of donations to “issue advocacy” — not partisan electoral activities. But the fact that the money cannot be publicly traced highlights the difficulty of putting such assertions to the test.
(Excerpt) Read more at apnews.com ...
LOL! NOT an exception. I would guess nearly all the foundations money are “guided” to liberal causes.
Foreign money through NGOs.
It’s how we sent our lumber industry to China using an owl as an excuse. Many other industries. It’s how thr NWO and global competitors exploit and fk us over.
It’s how Soros ruins out cities... but we just let it continue.
My thoughts, too, as they are a mouthpiece of the left.
Republicans MUST change the laws governing non-profit organizations such that they cannot be used to launder funds for political purposes. These organizations should be required to steer 90% of the funds or more to true charitable purposes.
As it stands now, a lot of these orgs spend a vast amount of their income on paying high salaries to people who impact society in either a negligibly positive way or an outright negative way.
Cap administrator salaries at some national average, with regional variations, and cap the total staffing allowed with strict nepotism rules.
If the orgs don’t like the rules, they can pay taxes on their revenue.
Don’t even have to look up the name.
Billionaire philanthropist = Golden Calf worshiper.
/spit
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