Article · Wikipedia archive · Last revised Aug 2, 2026

Windward Fund

The Windward Fund is a 501(c)(3) nonprofit organization that is part of a Democratic "dark money" funding network administered by Arabella Advisors. The Windward Fund serves as the fiscal sponsor for various left-leaning political projects. The Windward Fund had over $158 million in revenue in 2020.

Last revised
Aug 2, 2026
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≈ 1 min
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Source
Windward Fund
Formation2015 (2015)
Type501(c)(3) nonprofit
HeadquartersWashington, D.C.
AffiliationsArabella Advisors
Sixteen Thirty Fund
Hopewell Fund
New Venture Fund
North Fund
Budget$212 million1 (2023)
Websitewww.windwardfund.org

The Windward Fund is a 501(c)(3) nonprofit organization that is part of a Democratic "dark money" funding network administered by Arabella Advisors.23 The Windward Fund serves as the fiscal sponsor for various left-leaning political projects.45 The Windward Fund had over $158 million in revenue in 2020.6

In 2023, after a Washington Examiner investigation revealed that the New Venture Fund and the Windward Fund had given $473,000 between 2020 and 2021 to the Alliance for Global Justice, a group with Palestinian terrorism ties, the New Venture Fund and Windward Fund announced they would discontinue funding of the group.7

References

References

  1. "Windward Fund - Nonprofit Explorer". ProPublica. 9 May 2013. Retrieved 17 June 2025.
  2. Vogel, Kenneth P.; Goldmacher, Shane (29 January 2022). "Democrats Decried Dark Money. Then They Won With It in 2020". The New York Times. Retrieved 11 September 2023.
  3. Massoglia, Anna (December 23, 2021). "Liberal 'dark money' groups' revenue soared ahead of 2020 elections". OpenSecrets. Retrieved 12 September 2023.
  4. "The Inside Philanthropy Power List". Inside Philanthropy. 21 July 2021. Retrieved 11 September 2023.
  5. Vogel, Kenneth; Goldmacher, Shane (January 29, 2022). "Democrats Decried Dark Money. Then They Won With It in 2020". New York Times. Retrieved 12 September 2023.
  6. Birnbaum, Emily (August 15, 2023). "US 'Dark Money' Donor Groups Accuse Each Other of Abusing System". Bloomberg. Retrieved 12 September 2023.
  7. Kaminsky, Gabe (2023-10-30). "Left-wing Arabella Advisors dark money groups cut ties with Palestinian terror-tied charity". Washington Examiner. Retrieved 2023-12-03.
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