Top Outside Group Backing Polis is Funded by 'Obscure,' 'Secret-Money' D.C. Network | NTK Network Top Outside Group Backing Polis is Funded by ‘Obscure,’ ‘Secret-Money’ D.C. Network

Top Outside Group Backing Polis is Funded by ‘Obscure,’ ‘Secret-Money’ D.C. Network

Good Jobs Colorado raised $1.4 million over two weeks in September. The group's largest benefactor is Sixteen Thirty Fund, an "obscure" "secret-money" D.C. group.

By NTK Staff | 09.20.2018 @11:15am
Top Outside Group Backing Polis is Funded by ‘Obscure,’ ‘Secret-Money’ D.C. Network

On Wednesday, The Colorado Springs Gazette reported that $17.5 million “flowed into campaign committees” in Colorado from August 30 to September 12. The top group backing Rep. Jared Polis (D-CO), the Democratic gubernatorial nominee, is mainly funded by an “obscure,” “secret-money” group in D.C.

The Springs Gazette reported that Good Jobs Colorado raised $1.4 million over just two weeks, but that the Colorado group’s largest contributor so far has been another group called the Sixteen Thirty Fund.

Good Jobs Colorado, which is backing Democratic gubernatorial hopeful and U.S. Rep. Jared Polis of Boulder, reported $1.42 million in donations in the most recent reporting period. Its largest contributor was the Sixteen Thirty Fund, which gave $920,000 to the IEC. Good Jobs has now raised $2.86 million.

The Sixteen Thirty Fund is also the major funder of Proposition 111, which will ask voters in November to put a 36 percent limit on interest and fees on payday loans. According to Influence Watch, the fund’s CEO is Eric Kessler, a former Clinton administration environmental policy staffer. Its major donors, according to the conservative blog Washington Free Beacon, are labor unions and the National Education Association.

What is the Sixteen Thirty Fund? Politico profiled the group in July as an “obscure nonprofit” organizing a “network of secret-mone nonprofit groups.”

A network of secret-money nonprofit groups has spent millions of dollars attacking swing-seat House Republicans on health care and taxes, quietly becoming one of the biggest players in the 2018 political landscape.

The groups have local members and names like Floridians for a Fair Shake, Michigan Families for Economic Prosperity and North Carolinians for a Fair Economy. But they are all linked to one obscure nonprofit in downtown Washington, D.C.: the Sixteen Thirty Fund, which has funneled millions of dollars to progressive causes in recent years and set up each of the new groups, according to D.C. corporation records.

Sixteen Thirty Fund is a so-called ‘dark money’ group, because they “can accept unlimited contributions but do not have to reveal their donors,” according to Politico.

Sign Up

for NTK updates every week.

View Privacy Policy