The Wellspring Philanthropic Fund is a near-bottomless pit of "dark money" anonymous spending to achieve political ends.
Using a sophisticated network of for-profits, shell corporations, and consultancies, Wellspring has poured out an incredible $1.1 billion into nonprofits.
In 2017, the foundation began making grants to individual, non-DAF organizations giving over $28 million to explicitly political nonprofits, all of them left-wing.
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A partner at The Fruit Tree for Business LLP and co-founder of ESSENCE, Lorna Turner, discusses why Social Enterprise Day is a good time to celebrate Exeter’s thriving social enterprise scene.