Soros- Backed Liberal Groups Received PPP Loans Intended For Small Business Owners

Via The Washington Free Beacon

At least 18 left-wing groups supported by the billionaire George Soros’s liberal donor club applied for federal loans meant to help small businesses during the coronavirus pandemic, receiving up to $20 million in taxpayer cash between them.

Groups backed by the Democracy Alliance, a donor network cofounded by Soros, hauled in cash from the Paycheck Protection Program, a federal program established to provide an economic boost to small businesses and their workers during coronavirus shutdowns. Together, the groups received between $8.5 million and $20.7 million. In addition to the Democracy Alliance groups, another liberal donor network that pays the club for project services pulled in large sums from the small business relief program.
The cash influx comes as the Democracy Alliance ramps up its spending ahead of the November election. Its deep-pocketed partners mapped out a $275 million spending plan for the 2020 elections, calling into question whether groups aided by a network of millionaire and billionaire donors were in need of millions in taxpayer funds.

“The political groups that form the infrastructure of the far left rely on contributions from the country’s richest millionaires and billionaires,” one GOP operative said. “Now, those same groups are leaning on PPP loans while slamming the program as a handout to the rich. This shameless hypocrisy exemplifies how hollow and disingenuous their rhetoric is.”
The most prominent Democracy Alliance-backed group to receive a government loan was Media Matters for America, a liberal watchdog that is part of a network created by longtime Hillary Clinton ally David Brock. The group applied for and was awarded between $1 and $2 million in PPP loans. Media Matters reported receiving nearly $15 million in contributions on its most recent tax forms.

Citizens for Responsibility and Ethics in Washington (CREW), a left-leaning government watchdog group that has filed dozens of lawsuits against the Trump administration, also took in between $350,000 and $1 million in federal aid. CREW does not reveal its funders but has in recent years received millions from two Soros nonprofits, the Foundation to Promote Open Society and the Open Society Policy Center.

Many of the Soros-backed groups that took PPP loans have spearheaded massive anti-Trump campaigns. The Center for Popular Democracy, which leads an $80 million anti-Trump network with dozens of partners nationwide, received between $1 and $2 million in loans. Demos, a New York-based think tank previously chaired by Sen. Elizabeth Warren’s (D., Mass.) daughter, Amelia Warren Tyagi, was the recipient of between $350,000 and $1 million in loans. The National Immigration Law Center, which fights the president’s “anti-immigrant agenda,” was given anywhere between $1 and $2 million in loans.

One group that received government funds is located in the same building as the donor club’s K Street headquarters. CLASP, a nonprofit that recently entered into a partnership with the National Immigration Law Center, received between $350,000 to $1 million in PPP loans.

Other left-wing groups under Democracy Alliance’s umbrella that were awarded large PPP loans include: Catalist (between $350,000 and $1 million in loans), Faith in Action Network ($350,000 to $1 million), State Voices ($350,000 to $1 million), the Advancement Project ($1 to $2 million), American Constitution Society ($350,000 to $1 million), Economic Policy Institute ($350,000 to $1 million), National Employment Law Project ($350,000 to $1 million), the Roosevelt Institute ($350,000 to $1 million), State Innovation Exchange ($350,000 to $1 million), Faith in Public Life ($150,000 to $350,000), ProgressNow ($150,000 to $350,000), and the Movement Cooperative ($350,000 to $1 million).

Another liberal network that donors use to obscure their donations also raked in substantial PPP loans: NEO Philanthropy received between $2 and $5 million from the program. NEO took in nearly $83 million in contributions and passed $40 million in grants to liberal groups in 2018. It also paid $398,000 directly to the Democracy Alliance that year, its tax forms show. A number of groups that received cash passed through NEO’s network are supported by Democracy Alliance members, including the National Immigration Law Center, Center for Popular Democracy, and ACLU.

Democracy Alliance members each pledge to donate a minimum of $200,000 annually to organizations recommended by the club. While the Alliance has become more transparent about which organizations it backs in recent years, its activities and members remain hidden. In addition to Soros, other individuals who have been tied to the invite-only club include Soros’s son Jonathan, billionaires Tom Steyer and Donald Sussman, real estate investor Patricia Bauman, and failed Pennsylvania congressional candidate Scott Wallace.

None of the 18 groups responded to requests for comment on their PPP loans.

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9 Comments
Auntie Kriest
Auntie Kriest
July 13, 2020 3:19 pm

Take names; place in the to-do file; when appropriate, take action against these scumbags.

TN Patriot
TN Patriot
  Auntie Kriest
July 13, 2020 4:01 pm

The operable phrase is “when appropriate”. The IRS has no intention of going after a left wing organization, unless they have the name TEA Party in their charter.

TN Patriot
TN Patriot
July 13, 2020 4:03 pm

Why are 502(c)3 groups even allowed to access federal funds of any kind? By definition, they are non-profit, thus non taxpaying entities. If only we had a Dept. of Justice that was interested in going after the crooks, rather than only Trump supporters.

Mygirl....Maybe
Mygirl....Maybe
  TN Patriot
July 13, 2020 4:11 pm

All part and parcel of the plan. The communist fronts are massive in numbers and connections. A vast network of theft, they are pikers in that regard though. Look to Wall Street and the massive corporations, banks, law firms and other usual suspects for the true recepients of the massive theft. I would say theft of tax payer dollars but that would be wrong, the fake money doesn’t come from taxes. What does come from taxpayers is the blood, sweat and tears of their labors and way of life. We are relegated to the position of serf while our ‘masters’ suck ever more marrow from the bones of a formerly great nation.

TN Patriot
TN Patriot
  Mygirl....Maybe
July 13, 2020 4:14 pm

At this point, they are not stealing taxpayer $, as it is all being created on computers by the fed and Congress and it is all debt that will never be repaid.

Lars
Lars
  TN Patriot
July 13, 2020 5:38 pm

They many not be directly stealing the taxpayer’s dollars, but they sure as hell are stealing the purchasing power of the existing dollars in his pocket.

Debt is always extinguished one way or another, either by the borrower or the lender. In this case, the debt undertaken by the government is owed to the central bank and is collateralized by the taxpayer’s labor and his assets, on which the government can and will levy addtional taxes and which they will confiscate upon non-compliance.

So, in a real sense, fake money is taxation by stealth.

And since taxation is enforced by men with guns, fake money is just a more sophisticated form of armed robbery.

Vixen Vic
Vixen Vic
July 13, 2020 4:53 pm

Non-profits should not even get funds. They are supposed to operate on donations only.

Edit: Didn’t see TN Patriot’s comment saying basically the same thing before I posted this.

SeeBee
SeeBee
July 13, 2020 6:07 pm

https://thehill.com/policy/finance/506737-catholic-church-received-at-least-14-billion-covid-19-relief
Well they certainly couldn’t pass the basket with all the churches on lockdown ….now could they.

TN Patriot
TN Patriot
  SeeBee
July 13, 2020 8:11 pm

Our church’s finances are doing very well. Donations are almost on budget and operating expenses are way down. Not running 95% of the A/C units in the building for a couple of months is a pretty good chunk of change, as is all of the expenses that go with putting on normal church functions that have been curtailed.