The donation coincided with Thiel helping Republican candidates during the 2022 congressional midterm campaign.
A nonprofit group funded entirely by Peter Thiel appears to have given $3 million to the left-leaning New Venture Fund in 2021, according to public tax records.Thiel then-candidate Donald Trump during the 2016 election.
Thiel's listed donation to the New Venture Fund could have been earmarked for a less partisan organization that the fund helps finance, according Anna Massoglia of OpenSecrets, who reviewed the documents. "I would also leave open the possibility that the accountant or lawyer who filled out the tax form might have looked up the wrong organization as well," Massoglia said.in 2022 that Thiel was among a group of donors working to combat the advantage Democrats have had within the "dark money" battle. Thiel has an estimated net worth of over $9 billion.that such organizations spent and donated over $295 million during the 2022 midterm elections.
Tax records since 2013 show the Thiel Foundation hadn't donated to the New Venture Fund before 2021. The records do not say what the donation to the New Venture Fund was meant for. A spokesman for Thiel and the foundation did not return a request for comment. The accountant listed on the Thiel Foundation's forms did not return a request for comment.
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