A fund saying it advocates 'solutions to some of our world’s biggest problems' has routed millions of dollars from a Swiss billionaire through nonprofits to help bankroll efforts to lift President Joe Biden's agenda.
One ad paid for by a group that Wyss had financed praised Sen. Maggie Hassan, D-N.H., for helping pass a Biden-championed bill with green energy provisions. “Some politicians just ignore this crisis,” narrators said. “Maggie Hassan just did something about it.”
Now, he is most aligned with environmental activism, establishing the Wyss Foundation in 1998 “to help ensure that the iconic Western landscapes that inspired him are protected for everyone.” Of the $72.7 million donated in 2021 by Wyss’ Berger Action Fund, $62.7 million went to two groups that were focused on building public support for Biden’s agenda, according to tax documents and a statement from the group.
The organizations were established over a decade ago by Eric Kessler, a former Clinton administration official and heir to an automotive parts fortune. The recommendations were spurred by a complaint filed by a conservative group against Wyss, his nonprofits, the Sixteen Thirty Fund and the New Venture Fund.
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