The Arabella Network Moved $389 Million to Its Own Political Funds — And Told the IRS They Were Strangers

Between 2016 and 2024, three tax-exempt charities in the Arabella Advisors network moved $389,148,524 to two commonly managed 501(c)(4) funds that reported political-campaign expenditures. The five funds — all managed by the for-profit consulting firm Arabella Advisors — share overlapping Washington, D.C. addresses, and in tax year 2024 used the same return preparer. Those two funds reported $453…