Windward Fund & Hopewell Fund Schedule I Grant Recipient Analysis
**Research Date:** 2026-03-13 **Data Source:** IRS Form 990 XML e-files via ProPublica Nonprofit Explorer **Filing Years:** 2023-2024 for both entities
Windward Fund & Hopewell Fund Schedule I Grant Recipient Analysis
Research Date: 2026-03-13 Data Source: IRS Form 990 XML e-files via ProPublica Nonprofit Explorer Filing Years: 2023-2024 for both entities
Executive Summary
Analysis of 1,316 grant recipients across Windward Fund and Hopewell Fund’s 2023-2024 Schedule I filings found ZERO grants to any child online safety, age verification, digital childhood, or tech policy advocacy organization. This completes the analysis of all five Arabella Advisors network entities.
Final Arabella Network Total: Across all five entities (NVF + STF + North Fund + Windward + Hopewell), 4,433 grants totaling approximately $2.0 billion have been analyzed, with zero dollars going to any organization related to child online safety, age verification, or the App Store Accountability Act. The Schedule I grant pathway is definitively ruled out across the entire Arabella network.
1. Windward Fund
EIN: 47-3522162 Address: 1828 L Street NW, Suite 300-C, Washington, DC 20036 Tax Status: 501(c)(3) Board: Adam Eichberg is a founding board member
2024 Filing
| Metric | Value |
|---|---|
| Revenue | $308,245,754 |
| Total Assets | $432,729,235 |
| Grant Recipients | 458 |
| Total Grants | $137,706,713 |
2023 Filing
| Metric | Value |
|---|---|
| Grant Recipients | 294 |
| Total Grants | $111,308,355 |
Combined Windward (2023-2024): 752 grants, $249,015,068
Target Organization Search - ZERO MATCHES
No grants to any child safety, age verification, digital childhood, or tech policy organization in either year.
Keyword Matches - False Positives Only
- “Online News Association” ($75K, 2024) - journalism, NOT online safety
- “San Bernardino County Fire Protection District” ($546K, 2024) - public safety (fire), NOT digital safety
- “Hoopa Valley Tribe” ($110K, 2023) - public safety, tribal fire protection
- “Karuk Tribe” ($200K, 2023) - public safety, tribal fire protection
Grant Portfolio Character
Windward Fund is overwhelmingly an environmental and climate grantmaker:
2024 by Purpose:
| Category | Amount | % |
|---|---|---|
| Environmental Programs | $131,769,360 | 95.7% |
| Agriculture, Food, Nutrition | $5,391,000 | 3.9% |
| Public Safety, Disaster Preparedness | $546,353 | 0.4% |
Top Recipients (2024): University of Illinois ($8.25M), Environmental Defense Fund ($7.77M), Carbon Mapper ($5M), Hourglass Climate ($3.95M), Energy Foundation ($3.42M), Cornell University ($2.99M), NRDC ($2.30M), World Resources Institute ($2.30M)
Internal Arabella Transfers
| Year | To | Amount | Purpose |
|---|---|---|---|
| 2024 | Sixteen Thirty Fund | $1,000,000 | Environmental Programs |
| 2024 | Hopewell Fund | $75,000 | Environmental Programs |
| 2023 | NVF | $80,000 | Environmental Programs |
| 2023 | Sixteen Thirty Fund | $500,000 | Environmental Programs |
2. Hopewell Fund
EIN: 47-3681860 Address: 1828 L Street NW, Suite 300-D, Washington, DC 20036 Tax Status: 501(c)(3)
2024 Filing
| Metric | Value |
|---|---|
| Revenue | $208,022,501 |
| Total Assets | $172,927,279 |
| Grant Recipients | 256 |
| Total Grants | $112,269,582 |
2023 Filing
| Metric | Value |
|---|---|
| Grant Recipients | 308 |
| Total Grants | $84,561,932 |
Combined Hopewell (2023-2024): 564 grants, $196,831,514
Target Organization Search - ZERO MATCHES
No grants to any child online safety, age verification, digital childhood, or tech policy organization.
Keyword Matches - All Traditional Children’s Welfare
The “child” keyword produced multiple hits, but all are traditional children’s welfare organizations - early childhood education, children’s health, and youth advocacy. None are related to digital/online child safety, age verification, or tech policy:
| Organization | Amount | Year | Actual Focus |
|---|---|---|---|
| Children’s Action Alliance | $106K/$82K | 2024/2023 | AZ child welfare policy |
| Children’s Defense Fund | $125K | 2023 | Child poverty/health |
| Maine Assoc. for Education of Young Children | $20K/$25K | 2024/2023 | Early childhood education |
| Maine Children’s Alliance | $25K | 2023 | Child welfare policy |
| Idaho Voices for Children Foundation | $157K | 2024 | Child welfare policy |
| Stand for Children Leadership Center | $50K/$75K | 2024/2023 | Education advocacy |
| Voices for Virginia’s Children | $25K | 2024 | Child welfare |
| Wisconsin Early Childhood Association | $270K/$120K | 2024/2023 | Early childhood education |
| New Mexico Voices for Children | $100K | 2023 | Child poverty |
| Partnership with Children | $50K | 2023 | Youth development |
| Commonsense Childbirth Inc | $5K | 2024 | Midwifery/maternal health |
US Digital Response ($500K each year) - government technology services, NOT digital child safety or tech policy.
Grant Portfolio Character
Hopewell Fund focuses on progressive civic engagement and reproductive health:
2024 by Purpose:
| Category | Amount | % |
|---|---|---|
| Civil Rights, Social Action, Advocacy | $88,602,246 | 78.9% |
| Health | $18,190,554 | 16.2% |
| Ballot Measure | $2,542,000 | 2.3% |
| Youth Development and Education | $2,440,074 | 2.2% |
| Technology and Innovation | $234,709 | 0.2% |
Internal Arabella Transfers
| Year | To | Amount |
|---|---|---|
| 2024 | New Venture Fund | $11,045,000 |
| 2024 | Sixteen Thirty Fund | $8,296,066 |
| 2023 | New Venture Fund | $6,527,128 |
| 2023 | Sixteen Thirty Fund | $250,000 |
| 2023 | North Fund | $45,000 |
Key Finding: Hopewell is a major reverse feeder - sending $11M back to NVF and $8.3M back to STF in 2024. This adds another dimension to the circular Arabella flow.
3. Complete Arabella Network Analysis - ALL FIVE ENTITIES
| Entity | Type | Years | Grants | Amount | Child Safety |
|---|---|---|---|---|---|
| New Venture Fund | 501(c)(3) | 2022-2024 | 2,669 | ~$1.28B | $0 |
| Sixteen Thirty Fund | 501(c)(4) | 2024 | 306 | ~$208M | $0 |
| North Fund | 501(c)(4) | 2023-2024 | 142 | ~$59M | $0 |
| Windward Fund | 501(c)(3) | 2023-2024 | 752 | ~$249M | $0 |
| Hopewell Fund | 501(c)(3) | 2023-2024 | 564 | ~$197M | $0 |
| TOTAL | - | - | 4,433 | ~$2.0B | $0 |
Complete Internal Transfer Map (2024)
┌──$11M──→ NVF ──$121.3M──→ STF
Hopewell ──$8.3M──→ STF ──$6.8M──→ North Fund ──$5.3M──→ STF (circular)
North Fund ──$250K──→ Windward
NVF ──$8.8M──→ Hopewell North Fund ──$150K──→ Hopewell
NVF ──$20.9M──→ North Fund
Windward ──$1M──→ STF STF ──$162K──→ NVF (reverse)
Windward ──$75K──→ Hopewell STF ──$1.4M──→ Hopewell
STF ──$6.8M──→ North Fund
The Arabella network transfers are multi-directional and circular - every entity both sends and receives from multiple other entities, making the network function as a single financial organism despite its formal separation into five legal entities.
4. Conclusions
Definitive Finding
The Arabella Advisors network does NOT fund child online safety, age verification, or tech policy advocacy through its Schedule I grant mechanism. This finding is based on analysis of 4,433 grants totaling approximately $2.0 billion across all five network entities, with zero matches for any relevant organization or keyword.
What This Rules Out
The most transparent pathway for Meta → Arabella → DCA funding (Schedule I grants) is definitively closed. Any Meta funds flowing through the Arabella network to support child safety or ASAA advocacy would require:
- Fiscal sponsorship - DCA operating as a “sponsored project” (does not appear on Schedule I)
- Non-grant payments - Consulting fees, service contracts, or management fees
- NVF lobbying expenditures - $36.7M (Part IX) could fund advocacy outside Schedule I
- Arabella management fees - Arabella Advisors (now Sunflower Services) charged $13.5M to NVF alone
What This Confirms About the Network
- Windward Fund is an environmental grantmaker (96% of grants to environmental programs)
- Hopewell Fund is a civic engagement and reproductive health grantmaker
- All five entities transfer money to each other, confirming operation as a unified network
- Adam Eichberg sits on the boards of both NVF (chair) and Windward (founding member) - two of the five entities that collectively manage $2B+ in grants with zero child safety spending
Sources
- ProPublica Windward Fund: https://projects.propublica.org/nonprofits/organizations/473522162
- ProPublica Hopewell Fund: https://projects.propublica.org/nonprofits/organizations/473681860
- Windward 2024 XML: https://projects.propublica.org/nonprofits/download-xml?object_id=202513159349305886
- Windward 2023 XML: https://projects.propublica.org/nonprofits/download-xml?object_id=202423169349305292
- Hopewell 2024 XML: https://projects.propublica.org/nonprofits/download-xml?object_id=202543159349305889
- Hopewell 2023 XML: https://projects.propublica.org/nonprofits/download-xml?object_id=202423179349304767
- InfluenceWatch Windward: https://www.influencewatch.org/non-profit/windward-fund/