Sixteen Thirty Fund

In 2018, the Sixteen Thirty Fund, the New Venture Fund, the Hopewell Fund, and the Windward Fund had combined revenue of $635 million. According to OpenSecrets, in 2018 the Sixteen Thirty Fund had "thirteen multi-million dollar secret donors." One donor gave $51.7 million to the group in 2018, while another donor gave $26.7 million and a third gave $10 million. The group is not required by law to reveal its donors and it has not disclosed who its funders are. Known donors to the group include Nick Hanauer, the American Federation of Teachers, and the Wyss Foundation. Michael Bloomberg gave $250,000 to a super PAC linked to the Sixteen Thirty Fund. Democratic donor group Democracy Alliance, whose members include billionaire George Soros, has recommended that donors give generously to the Sixteen Thirty Fund. The Sixteen Thirty Fund spent almost $11 million in the 2018 Colorado elections on ballot measures, lobbying, and Democratic super PACs. As of 2019, the Sixteen Thirty Fund had spent $141 million on more than 100 left-leaning and Democratic causes, ==2020 election cycle==

The Sixteen Thirty Fund spent $410 million in the 2020 election cycle, which was more than the Democratic National Committee spent. In 2020, the group received mystery donations as large as $50 million and disseminated grants to more than 200 groups. The Sixteen Thirty Fund gave $7 million to a North Carolina group called Piedmont Rising, which ran advertisements attacking Republican U.S. Senator Thom Tillis. According to The New York Times, "Some of the group's ads were designed to look like local news reports from an outlet calling itself the 'North Carolina Examiner.'" In 2020, the Sixteen Thirty Fund gave $10.5 million to the conservative anti-Donald Trump group Defending Democracy Together, which was founded by Bill Kristol in 2018. In 2020, The Klarman Family Foundation gave New Venture Fund $16.3 million. New Venture Fund contributed more than $86 million in 2020 to Sixteen Thirty Fund. ==2022 spending==

In 2022, the Sixteen Thirty Fund spent $196 million on political causes, including protecting abortion rights and helping Democrats in the 2022 elections. According to NBC News, "The big spending...reflects the massive growth in anonymously funded, big donor-fueled political groups on the left since Donald Trump was elected president in 2016." The majority of the group's $191 million revenue in 2022 came from six anonymous contributors who gave $34.8 million, $19 million, $14.9 million, $12 million, $11.9 million, and $8.5 million, respectively. More than $170 million of the Sixteen Thirty Fund's annual revenue came from 32 donors who gave at least $1 million each. == 2023 spending ==

The Sixteen Thirty Fund raised $181 million in 2023, a $10 million decline from 2022, but more than a $40 million increase from 2019. Just four donors accounted for two-thirds of the Sixteen Thirty Fund's 2023 revenues, with one donor giving the group $50.5 million, another giving $31.4 million, a third giving $21.8 million, and the last of the top four donors giving $13.6 million. The group spent $141.3 million in 2023, a drop from the previous year, which "is not unusual in odd-numbered years between federal midterm and presidential elections," according to Politico. Politico described the group as "pumping money into a network of other liberal dark money groups supporting Democratic candidates and causes, like fighting climate change and supporting ballot initiatives on abortion access." ==2024 spending==

In the 2024 election cycle, the Sixteen Thirty Fund funded efforts to bolster the presidential bid of Robert Kennedy Jr., then, in 2025, spent money trying to prevent his confirmation as United States Secretary of Health and Human Services. Axios wrote that this strategy "shows how the dark money group takes a flexible approach to countering" Trump's agenda. The Sixteen Thirty Fund spent about $311 million in 2024 funding progressive causes including abortion, expanded voting rights, and climate change. This was more than double what the group spent in 2023. Politico described the Sixteen Thirty Fund as "the left's preeminent dark money hub." == 2025 spending ==

The Sixteen Thirty Fund provided funding to help launch the Chorus Creator Incubator Program in 2025 to pay Democratic-leaning influencers between $250 to $8,000 per month, according to Taylor Lorenz in Wired. Lorenz wrote that the contracts given to content creators in the program stipulated that they would be removed from the program and barred from future partnerships if they disclosed the partnership without approval. According to her analysis, the contracts offered to creators by Chorus required oversight of all bookings with political leaders and government officials and prohibited using Chorus funds to produce content supporting or criticizing any political candidate or campaign without advance approval. ==See also==