Left-Wing Dark Money Behemoth Faces IRS Complaint for Funding Democrats’ Lawsuits Against Oil Companies

A watchdog group is asking the IRS to investigate the left-wing dark money behemoth New Venture Fund (NVF) over its financial support for Sher Edling, a law firm leading several high-stakes climate change lawsuits against oil companies on behalf of dozens of Democratic states and cities nationwide. According to tax filings, in three years, the NVF has provided more than $8.4 million in grants to Sher Edling and has raised an additional $10 million that could be disbursed to the for-profit firm in the future.

In a complaint obtained by the Washington Free Beacon, the right-leaning American Accountability Foundation argued that the NVF’s support for Sher Edling violates federal law since it is not an activity that furthers its tax-exempt purpose and is instead “meant to financially benefit Sher Edling and its attorneys.” The watchdog noted that while the NVF says its funding is designed to support Sher Edling’s environmental programs, Sher Edling itself has said the funding is used to support the firm’s “general operations.”

Read the full piece at Free Beacon.