Renaissance Fund
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</font></p><p><font size="4" face="Times New Roman">see sea change attack bermAN</font></p><p><font size="4" face="Times New Roman">James fr is renn tech w. mercer</font></p><p><font size="4" face="Times New Roman">bs</font>
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<h2 style="margin: 16px 0px 0px; padding: 0px; border: 0px; font-style: normal; font-variant: normal; line-height: inherit; vertical-align: baseline; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><span class="Apple-converted-space" style="font-weight: normal;"> </span><span style="font-weight: normal;">shadowy Californian-based foundation called</span> Sea Change <span style="font-weight: normal;">- part-funded by Democrat hedge-fund billionaires and a mysterious Bermuda-based company called Klein Ltd - has been funneling millions of dollars into hard-left environmental causes including the campaign against the affordable energy on which the health of the US economy depends.</span></font></h2>
<p style="margin: 10px 0px 0px; padding: 0px; border: 0px; font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Sea Change's machinations are exposed in a<span class="Apple-converted-space"> </span><a href="http://jamesdelingpole.com/2014/07/shock-us-senate-report-left-wing-billionaires-club-using-environmentalism-to-control-us-economy-subvert-democracy/" style="text-decoration: none; -webkit-tap-highlight-color: rgb(255, 85, 0);">shock new report</a><span class="Apple-converted-space"> </span>by the US Senate Committee on the Environment and Public Works into the 'Billionaires Club' of US rich liberals who are secretly funding the green movement's war on Western industrial civilisation - and benefiting financially in the process.</font>
<font size="4" face="Times New Roman">Though Sea Change was listed in 2011 as the sixth-largest donor to environmental causes - giving $43,149,911 in grants to green activist groups - remarkably little has been known until now about its make-up or the extent of its influence.</font>
<font size="4" face="Times New Roman">Its<span class="Apple-converted-space"> </span><a href="http://www.seachange.org/" style="text-decoration: none; -webkit-tap-highlight-color: rgb(255, 85, 0);">website</a><span class="Apple-converted-space"> </span>consists solely of a page revealing this somewhat limited information:</font>
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<p style="margin: 10px 0px 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; vertical-align: baseline;"><font size="4" face="Times New Roman">Sea Change Foundation is dedicated to achieving meaningful social impact through leveraged philanthropy that addresses the most pressing problems facing the world today. The Foundation's initial focus is addressing the serious threats posed by global climate change. The Foundation is in the process of determining how its grantmaking can have maximum impact, and is not able to accept unsolicited proposals.</font></p>
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<p style="margin: 10px 0px 0px; padding: 0px; border: 0px; font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">However, the Senate report reveals that Sea Change is run by one of America's richest Democrat families, whose wealth derives from a wildly successful hedge fund - Renaissance - with more than $23 billion in assets under management.</font>
<font size="4" face="Times New Roman"><span style="font-weight: normal;">Sea Change's president is </span><b>Nathaniel 'Nat' Simons, son of Renaissance'</b>s founder James Simons (currently ranked 34th on Forbes's Richest People In America; also - with his wife Marilyn Simons, the no. 5 contributor in the 2014 mid-term election cycle, donating 100% to Democrats – totaling $3,289,200). Nat's wife Laura Baxter-Simons is Sea Change's secretary.</font>
<font size="4" face="Times New Roman">Nat Simons is also involved in businesses which stand to benefit financially from the advancement of the green agenda and the Obama administration's war on fossil fuels.</font>
<font size="4" face="Times New Roman">He is the CEO of Elan Management where he manages the early stages of clean tech companies with a focus on solar and wind energy sources. Elan also created Prelude Ventures in 2009, an investment firm dedicated to clean energy.</font>
<font size="4" face="Times New Roman">As the report notes, Sea Change's war on fossil fuels is felicitously aligned with Simons's business interests:</font>
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<blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">In 2010, Sea Change contributed $10,933,332 in grants to environmental organizations to “reduce reliance on high carbon energy.” The next year, 2011, Sea Change allocated nearly $10 million in grants for the same purpose. Thus, in 2010-2011, this one private foundation, which receives over 30% of its funding from a foreign overseas company, actively seeking to hide the source of its funding, contributed over $20 million dollars to fight domestic fossil energy production.</font></blockquote>
<p style="margin: 10px 0px 0px; padding: 0px; border: 0px; font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">What remains a mystery, however, is its other main backer - an offshore company called Klein Ltd.</font>
<font size="4" face="Times New Roman">According to the Senate report:</font>
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<blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);">
<p style="margin: 10px 0px 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; vertical-align: baseline;"><font size="4" face="Times New Roman">Sea Change’s IRS Form 990 also shows that in addition to funding by the Simons, the only other source of its contributions derives from a Bermuda-based company called Klein Ltd. It appears that Klein exists on paper only, as it does not have an internet presence, and was set up for the sole purpose of funneling anonymous donations to Sea Change.411 In 2010, Klein contributed $13 million to Sea Change, amounting to 49% of all contributions to Sea Change that year, and in 2011 Klein contributed $10 million to Sea Change, amounting to 33% of all contributions to Sea Change.412 Bermuda offer Klein government guaranteed anonymity for the sources of their donations.413 As a practical matter, an overseas company contributing tens of millions to organizations dedicated to abolishing the use of affordable fossil fuels is highly problematic. This is only compounded by the fact it is deliberately and completely lacking in transparency. However, it is likely this lack of transparency shields Klein Ltd. from any responsibility to the American businesses and families it hurts.</font></p>
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<p style="margin: 10px 0px 0px; padding: 0px; border: 0px; font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The report concludes:</font></p>
<blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The role Sea Change plays as a member of the Billionaire’s Club is deeply troubling, especially in light of recent revelations that environmental activists, many of whom are clearly benefiting from this extreme “dark money,” do not have any moral qualms over where their money comes from – so long as it supports the far-left cause.</font></blockquote><blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">
</font></blockquote><blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">===</font></blockquote><blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">vitter rep </font></blockquote><blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">
</font></blockquote><blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">A review of the IRS Form 990s reveals that Nathaniel (“Nat”) Simons is the President of
Sea Change, and his wife, Laura Baxter-Simons, is its Secretary.398 Nat and Laura
predominately fund Sea Change through their own personal wealth, mostly attributed to their ties
to Renaissance Technologies, a wildly profitably hedge fund.
399 Nat was once a principal at
Renaissance and currently serves on the board of Renaissance; Laura was an associate counsel at
Renaissance.400 Notably, Nat’s father, James Simons founded Renaissance.401 James Simons
has been described as “one of the richest people on the planet,
402 is ranked 34th on the Forbes’
Richest People in America,
403 and 88th on the Forbes’ list of world billionaires with a net worth
of $12 billion.404 In fact, the most recent data from the Center for Responsive Politics listed
James and Nat’s mother, Marilyn Simons, as the #5 top contributor in the 2014 mid-term
election cycle, donating 100% to Democrats – totaling $3,289,200.405 Nat also actively donates
to political campaigns, including giving $15,000 to Obama’s 2009 Inaugural, and has given to
dozens of Democratic candidates for Congress.406
Nat also serves as CEO of Elan Management where he manages the early stages of clean
tech companies with a focus on solar and wind energy sources.407 Similar to Sea Change, Elan is
based in San Francisco. Elan also created Prelude Ventures in 2009, an investment firm
dedicated to clean energy. Tim Woodward, Managing Director of Prelude Ventures, has made
comments revealing Elan’s agenda: “we still believe that advancements in renewables from solar
to wind will be important opportunities . . . Unfortunately, energy is still a very inexpensive
resource in North America, and that can make it difficult for many customers to pay much
attention”408 (emphasis added). Only an affiliate of the Billionaire’s Club invested in renewable
technologies would express disappointment in low energy prices.
Aside from the Simons, Stephen Colwell is the Executive Director of Sea Change. </font></blockquote><blockquote style="margin: 10px 0px 0px; padding: 0px 0px 0px 30px; border-width: 0px 0px 0px 5px; border-left-style: solid; border-left-color: rgb(204, 204, 204); font-style: normal; font-variant: normal; font-weight: normal; line-height: 22.4px; vertical-align: baseline; quotes: none; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">==</font></blockquote>
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