Stop Payday Predators is a left-of-center financial services policy advocacy organization. The group is a project of the Sixteen Thirty Fund, a 501(c)(4) funding and fiscal sponsorship organization managed by the Washington, D.C.-based consultancy Arabella Advisors and are a Project of the organization Sixteen Thirty Fund. ^[1]

Background 

Stop Payday Predators claims to be supported by over 500 civil rights groups, consumer groups, labor groups, and other organizations from at 50 states. ^[2]  Stop Payday Predators works to convince the Consumer Financial Protection Bureau to force short-term lenders to loan at lower interest rates. ^[3] Stop Payday Predators has collected signatures in support of a proposed regulation by the Consumer Financial Protection Bureau to require these lenders to make lower interest loans. ^[4]

Parent Organizations

Tax Plan Answers is a project of the Sixteen Third Fund, a 501(c)(4) funding and fiscal sponsorship organization managed by the Washington, D.C.-based consultancy Arabella Advisors. ^[5]

The Sixteen Third Fund is a left-of-center lobbying and advocacy organization founded in 2008. ^[6] Sixteen Thirty Fund often operates alongside its charitable “sister” nonprofit New Venture Fund, which provides similar funding and fiscal sponsorship services to left-progressive organizations. ^[7] According to its founding documents, the Sixteen Thirty Fund was created with seed funding from Americans United for Change (AUFC), ACORN, USAction, the Sierra Club, and Working America. ^[8]  The left-leaning publication The Atlantic called the Sixteen Thirty Fund one of the “key groups founded to resist Trump.” ^[9]

Arabella Advisors (commonly called “Arabella”) is a philanthropic consulting company that guides the strategy, advocacy, impact investing, and management for multiple left-leaning nonprofits and individuals. ^[10]  The company was founded in 2005 by Eric Kessler, a Clinton administration alumnus and long-time staffer at the League of Conservation Voters who remains a senior managing partner at the firm. ^[11]

Arabella Advisors manages four nonprofits that serve as incubators and accelerators for a range of other left-of-center nonprofits. These include the New Venture Fund, the Sixteen Thirty Fund, the Hopewell Fund, and the Windward Fund. These nonprofits have collectively hosted hundreds of left-wing policy and advocacy organizations (referred to by critics as “pop-up groups” because they can be little more than websites). In 2018, Arabella’s four nonprofits reported combined revenues of $635 million. ^[12]