A shady group backed by millions of dollars from far-left billionaire George Soros has reportedly been playing puppet master – pulling President Biden’s strings behind doors all along according to new documents.
The group, known as Governing for Impact (GFI), boasts in internal memos of implementing more than 20 of its regulatory agenda items as it works to reverse Trump-era deregulations by zeroing in on education, environmental, health care, housing and labor issues.
“Open Society is proud to support Governing for Impact’s efforts to protect American workers, consumers, patients, students and the environment through policy reform,” Tom Perriello, executive director of Soros’ Open Society Foundations, said to Fox News.
“Their work gives voice to people often overlooked in a regulatory environment too often dominated by corporate interests,” he continued. “Our support for Governing for Impact’s work is publicly available on our website and we are transparent about our enthusiasm for their victories for American workers and families.”
GFI, however, goes out of its way to operate in the shadows. It is invisible to internet search engines like Google and no news reports or press releases appear on its existence outside of a mention of its related action fund in a previous Fox News article on the $1.6 billion Arabella Advisors-managed dark money network, to which it is attached.
However, the group sought talent with a posting on Harvard Law School’s website, which was discoverable.
The Harvard advert said the group was established to prepare the Biden administration for a “transformative governance” and that it had produced “more than 60 in-depth, shovel-ready regulatory recommendations” for dozens of federal agencies.
The listing also contained an email address ending in “@governingforimpact.org,” which is the group’s website that can only be accessed by those who know the URL.
According to its website, Rachael Klarman, a Harvard Law School grad, steers the group and her father Michael Klarman, is a professor at Harvard law with ties to progressive advocacy groups.
“Governing for Impact is the perfect example of the Left’s fake outrage over ‘dark money’ in politics,” said the Capital Research Center’s Parker Thayer, who discovered the group and alerted Fox News.
“As a ‘fiscally sponsored’ dark money project that writes and pushes regulations from the shadows, hidden from the public and funded by one billionaire foundation, GFI embodies everything the Left pretends to abhor.”
“Governing for Impact conducts and shares research designed to help ensure that the federal government works more effectively for everyday working Americans, not just for members of industry groups that have long devoted vast resources to pursuing their own policy agendas,” Rachael Klarman told Fox News.
“We were founded in 2019 and have developed detailed regulatory recommendations for multiple federal agencies, which are published on our website,” she said.
“Many of the proposals on this site focus on how the new administration could unwind the previous administration’s harmful regulatory legacy, but GFI continues to take on new policy projects at all levels of government,” the site states.
The Education Department is set to announce a new regulation that will change Title IX rules on transgenders in schools, reversing Trump-era guidance. GFI appears to have worked on the issue, as its site contains a November 2020 legal memo on the matter.
GFI, meanwhile, is not a stand-alone nonprofit. Instead, the New Venture Fund, a nonprofit incubator managed by the D.C.-based consulting firm Arabella Advisors, fiscally sponsors it. This setup allows GFI to avoid filing tax forms with the IRS.
Even these groups hide their ties to GFI. Their attachment to the Arabella-Advisors dark money network, which raised $1.6 billion in anonymous donations in 2020, is not discoverable from public records.
The New Venture Fund does not report GFI as a trade name in its D.C. business filings.
However, GFI’s links to the New Venture Fund are discoverable in George Soros’ Open Society Foundations (OSF) grant database. A search of the database shows that Soros nonprofits sent $12.98 million to GFI and its related action fund in 2019 and 2020.
The Foundation to Promote Open Society awarded $5.53 million to GFI. Meanwhile, the Open Society Policy Center sent $7.45 million to GFI’s action fund. The Sixteen Thirty Fund, also managed by Arabella Advisors, fiscally sponsors the action fund.
“As a fiscal sponsor, New Venture Fund provides operational and administrative support to help advocates and philanthropists quickly and efficiently launch new solutions to today’s toughest challenges,” the group said.