National
EXCLUSIVE: National Stonewall Democrats faces $30,000 budget gap
Organization ‘will likely be forced to close our doors’ if it doesn’t raise money by Dec. 31
The Washington Blade has obtained an e-mail that indicates National Stonewall Democrats will likely shut down if it does not close a $30,000 budget gap by Dec. 31.
“It’s no secret that we’ve struggled with fundraising over the past few years, but today we are at a crossroads and we’re turning to you – our members and supporters,” wrote Jerame Davis, the group’s executive director, in an e-mail he will send to his organization’s e-mail list later on Wednesday. “As the year closes, we’re facing a budget deficit of over $30,000 and if we do not bridge this gap, we will likely be forced to close our doors.”
Davis told the Blade in an exclusive interview on Tuesday night the National Stonewall Democrats’ 2012 budget is between $130,000-$140,000. This figure includes up to $40,000 in organizational debt he inherited when he became executive director in Dec. 2011.
Internal Revenue Service documents indicate the organization reported $223,202 in revenue, while spending $253,133 (a deficit of $19,931) in 2011. These figures were $305,745 and $328,803 (a deficit of $23,058) in 2010 and $346,679 and $425,927 (a deficit of $79,248) in 2009 respectively.
Davis said fundraising picked up “quite a bit” at the beginning of the year – an April fundraiser in D.C. that honored gay Massachusetts Congressman Barney Frank, who founded National Stonewall Democrats in 1998, raised nearly $70,000. Davis said the organization was debt-free by the end of July, but it spent roughly $20,000 at the Democratic National Convention in Charlotte in September.
“In doing so we kind of depleted our reserves hoping that we would come out the other side with some fundraising momentum out of that,” he said. “Instead, quite the opposite happened. The campaigns started heating up so a lot of the fundraising started shifting towards President Obama and towards Tammy Baldwin and we took a hit fast and having no reserves coming out of the convention it kind of snowballed to where we are now.”
Organization received anonymous $100,000 donation in 2011
This is not the first time National Stonewall Democrats’ financial problems have threatened to shutter the organization.
The Blade reported in Feb. 2011 that an anonymous donor gave $100,000 to National Stonewall Democrats amid reports then-Executive Director Michael Mitchell did not effectively manage the group’s budget. Davis said the organization was “kind of back in the same boat when I took over” in Nov. 2011 after Mitchell stepped down.
“When I took over the organization, there was $1,800 in the bank and a boat load of debt,” he said. “We were facing eviction from our office; I mean there were all kinds of problems that I had to tackle. I had payroll to make two weeks after I took over and $1,800 in the bank and no donors and that was in November last year, the worst time for a 501c4 to be fundraising.”
Davis noted 2008 was his organization’s best year in terms of fundraising when its budget nearly topped $700,000. IRS records indicate National Stonewall Democrats reported $465,391 in revenue and $435,946 in expenses that year.
A changing political landscape, however, began to take its toll.
“We didn’t adapt to that, especially with the election of President Obama in 2008,” said Davis.
Melissa Sklarz, who co-chaired National Stonewall Democrats Board of Directors from 2009 through early 2011, noted then-President Bill Clinton had signed the ban on openly gay servicemembers and the Defense of Marriage Act into law in the years before Frank created the organization.
“It’s a very different Democratic party,” she told the Blade. “It’s a very different America. So maybe people feel they don’t need to go through national Stonewall. It’s mostly internal.”
The departure of Mitchell and two other executive directors before him has also had an adverse impact on the organization’s ability to raise money.
“That’s a big part of the problem, that kind of turnover, but also decisions that were made in that time, directions the organization took for its messaging, the directions that our programs took, some of them lost their bang so to speak,” said Davis. “We didn’t develop a lot of new programs that appeal to folks. Our fundraising took a hit as a result.”
The latest revelation about National Stonewall Democrats’ uncertain future comes less than a month after Obama, who endorsed marriage rights for same-sex couples in May, won re-election. Wisconsin Congressman Tammy Baldwin became the first openly gay U.S. senator-elect; while gay U.S. Reps. David Cicilline (D-R.I.) and Jared Polis (D-Colo.) won re-election. Voters in New York, California, Wisconsin and Arizona also elected openly gay and bisexual congressional candidates.
The Gertrude Stein Democratic Club in D.C., the Virginia Partisans Gay and Lesbian Democratic Club and the Barbara Gittings Delaware Stonewall Democrats are three of the more than 80 chapters and affiliates throughout the country.
Davis, who has remained National Stonewall Democrats’ only full-time staffer since shortly after he became the group’s executive director, said expenses have been cut to about $10,000 a month. He stressed his organization remains relevant.
“There are a number of state and local Democratic parties that aren’t on board with LGBT equality,” said Davis. “Some of whom are still outwardly hostile in some of the red states and more conservative states. And in a lot of ways its those areas where LGBT equality really hasn’t caught on; the places like Indiana, the places like Alabama, the places like Kentucky. That’s where we really need to do the work because they’re the ones holding us back. It’s the lack of a strong Democratic party, the lack of a strong pro-LGBT party that even the Democrats who are elected from these areas aren’t necessarily fully on board with full LGBT equality.”
He added grassroots organizing among Democrats in the aforementioned states is one of the many ways where “we excel.”
“Our clubs and our affiliates they have special relationships with their local elected leaders because they’re the ones that are out there knocking on doors and raising money and stuffing envelopes and making phone calls for these candidates,” said Davis. “On a national level we have to help coordinate that work, we have to help expand.”
National Stonewall Democrats Board Co-Chair Stephen Driscoll agreed.
“The stuff we do is grassroots, our mission has always been to make the Democratic Party better on our issues,” he said, while acknowledging what he described as ineffective organizational leadership before Davis’ tenure as a contributing factor to National Stonewall Democrats’ current financial situation. “There is no question that we have done that, especially in the national party and in many state orgs around the country we still have a lot of work to do in those diminishing number of states that are less than supportive on LGBT issues.”
“There’s still lots of work to be done in the national legislative arena,” added Sklarz. “National Stonewall is the perfect organization for that. HRC [the Human Rights Campaign] has its niche and Victory Fund has theirs and national Stonewall’s is to elect pro-equality Democrats. And there are lots of places, there is lots of room.”
U.S. Capitol Police on Thursday arrested 13 HIV/AIDS activists in the Cannon House Office Building Rotunda.
The activists — members of Housing Works, Health GAP, and the Treatment Action Group — joined former PEPFAR staffers in demanding full funding of the program that President George W. Bush created in 2003. They chanted “AIDS cuts kill, PEPFAR now!” and unfurled banners from the Rotunda’s second floor that read “Trump and (Office of Management and Budget Director Russell) Vought kill people with AIDS worldwide,” “Over 200,000 deaths since January 2025,” and “Hands off PEPFAR” before their arrest.
(Washington Blade video by Michael K. Lavers)
This protest is the latest against the Trump-Vance administration’s HIV/AIDS policies since it took office.
Secretary of State Marco Rubio on Jan. 28, 2025, issued a waiver that allowed PEPFAR and other “life-saving humanitarian assistance” programs to continue to operate during a freeze on nearly all U.S. foreign aid spending. HIV/AIDS service providers around the world with whom the Washington Blade has spoken say PEPFAR cuts and the loss of funding from the U.S. Agency for International Development, which officially closed on July 1, 2025, has severely impacted their work.
The State Department last September announced PEPFAR will distribute lenacapavir in countries with high prevalence rates. Zambia is among the nations in which the breakthrough HIV prevention drug has arrived.
The New York Times last summer reported Vought “apportioned” only $2.9 billion of $6 billion that Congress set aside for PEPFAR for fiscal year 2025. (PEPFAR in the coming fiscal year will use funds allocated in fiscal year 2024.)
Bipartisan opposition in the U.S. Senate prompted the Trump-Vance administration last July withdraw a proposal to cut $400 million from PEPFAR’s budget. Vought on Aug. 29, 2025, said he would use a “pocket rescission” to cancel $4.9 billion for HIV/AIDS prevention and global health programs and other foreign aid assistance initiatives that Congress had already approved.
The White House in January announced an expansion of the global gag rule to ban U.S. foreign aid for groups that promote “gender ideology.” President Ronald Reagan in 1985 implemented the original regulation, also known as the “Mexico City” policy, which bans U.S. foreign aid for groups that support abortion and/or offer abortion-related services. The Council for Global Equality and other groups say the expanded rule will adversely impact HIV prevention efforts around the world.
A press release that Housing Works and Health GAP issued on Thursday notes more than $977 million “in appropriated PEPFAR funding for HIV prevention and treatment was unspent by the end of fiscal year (FY) 2025 — triple amount unspent at the end of FY 2024.”
“Activists predict this backlog will worsen rapidly in FY 2026 unless Congress immediately reasserts its Constitutionally-mandated oversight authority,” notes the press release.
The press release also indicates funding for the Centers for Disease Control and Prevention’s PEPFAR programs “will run out” by April 1 because “only 45 percent of their FY26 funding has been transferred from the State Department.
“Unless funding is transferred immediately, CDC’s global HIV programs across sub-Saharan Africa, Asia and the Caribbean will grind to a halt,” notes the press release.
The activists demanded Trump, Vought, Rubio, and Congress do the following:
- Activists are calling for full obligation of appropriated PEPFAR funds and rejection of growing political interference in global and domestic HIV programs
- Immediately release already-appropriated, unobligated PEPFAR funds
- Break the blackout on PEPFAR data, so Congress and people with HIV know how funding is being spent and can program based on data
- Activists are calling for full obligation of appropriated PEPFAR funds and rejection of growing political interference in global and domestic HIV programs.
“PEPFAR has saved more than 26 million lives and changed the trajectory of an epidemic,” said Housing Works CEO Charles King. “However, the Trump administration’s decision, over the objection of Republicans in Congress, to freeze PEPFAR funding has caused decades of progress to come undone and has been a death sentence for people with HIV relying on life-saving treatment. The U.S. must immediately restore PEPFAR funding and regain our standing in the global fight against HIV.”
King is among the activists who were arrested.
(Washington Blade video by Michael K. Lavers)
Texas state Rep. James Talarico won a hard-fought primary Tuesday to become the state’s Democratic nominee for U.S. Senate, defeating U.S. Rep. Jasmine Crockett in one of the year’s most closely watched and competitive Democratic contests.
Talarico, a Presbyterian seminarian and three-term lawmaker from Round Rock, was declared the winner by the Associated Press early Wednesday morning after a closely tracked vote count that drew national attention.
“Tonight, the people of our state gave this country a little bit of hope,” Talarico told the AP. “And a little bit of hope is a dangerous thing.”
With 52.8% of the vote to Crockett’s 45.9%, Talarico secured the nomination outright, avoiding a runoff and capping months of sharp contrasts between the two candidates over strategy, messaging, and how best to compete statewide in Texas. Democrats hope the competitive primary — and the relatively narrow margin — signals growing momentum in a state that has not elected a Democrat to the U.S. Senate since 1988.
Talarico has long expressed support for the LGBTQ community, a position he highlights prominently on his campaign website. Under the “Issues” section, he directly addresses assumptions that might arise from his faith and background as a seminarian in a deeply conservative state.
“My faith in Jesus leads me to reject Christian Nationalism and commit myself to the project of democracy,” his website reads. “Because that’s the promise of America: a democracy where every person and every family — regardless of religion, race, gender, sexual orientation, or any other difference between us — can truly be free and live up to their full potential.”
Crockett struck a conciliatory tone following her defeat, emphasizing party unity ahead of November.
“This morning I called James and congratulated him on becoming the Senate nominee,” Crockett told Politico. “Texas is primed to turn blue and we must remain united because this is bigger than any one person. This is about the future of all 30 million Texans and getting America back on track.”
Talarico also drew national attention earlier in the race when “Late Show” host Stephen Colbert said he was initially unable to air an interview with the state legislator due to potential FCC concerns involving CBS. The episode sparked a broader political debate.
Brendan Carr, chair of the Federal Communications Commission, appointed by President Donald Trump, told reporters the controversy was a “hoax,” though he also acknowledged Talarico’s ability to harness the moment to build support as an underdog candidate. The interview was later released online and garnered millions of views, boosting Talarico’s national profile.
In November, Talarico will face the winner of the Republican primary between incumbent Sen. John Cornyn and Texas Attorney General Ken Paxton, who have been locked in a bruising GOP contest. Rep. Wesley Hunt was also in the Republican primary field. The GOP race is expected to head to a May runoff.
In a joint statement, Senate Minority Leader Chuck Schumer and Democratic Senatorial Campaign Committee Chair Kirsten Gillibrand praised Talarico’s victory and framed him as a candidate capable of broad appeal.
“As an eighth-generation Texan, former middle school teacher, and Presbyterian seminarian, James will be a fighter for Texans from all walks of life and of all political stripes,” they said. “In November, Texans will elect a champion for working people: James Talarico.”
National
Peter Thiel’s expanding power — and his overlap with Jeffrey Epstein
Gay billionaire’s name appears 2,200 times in files, but no criminality alleged
There are few figures in modern politics whose reach extends across Silicon Valley, Wall Street, and Washington, D.C., as Peter Thiel’s.
A billionaire venture capitalist, Thiel built his fortune at the dawn of the internet age and has since positioned himself at the highest levels of U.S. technology, finance, and national defense infrastructure. He is best known as a co-founder of PayPal, an early investor in Facebook, and the co-founder of Palantir Technologies — a data analytics firm that maintains significant contracts with U.S., U.K., and Israeli defense and intelligence agencies.
Over the last two decades, Thiel has also built an interconnected network of investment vehicles — Clarium Capital, Founders Fund, Thiel Capital, Valar Ventures, and Mithril Capital — giving him influence over emerging technologies, political candidates, and ideological movements aligned with his worldview. Through these firms, Thiel has backed companies in artificial intelligence, defense technology, biotech, cryptocurrency, and financial services, often positioning himself early in sectors that later became central to public policy debates.
Born in Frankfurt, West Germany, in 1967, Thiel immigrated to the United States as an infant. He later attended Stanford University, earning a degree in philosophy before graduating from Stanford Law School in 1992. As an undergraduate, he founded The Stanford Review, a conservative student publication that opposed what it described as campus “political correctness.” The paper became a platform for combative and contrarian arguments that previewed themes Thiel would revisit in later essays and speeches about elite institutions, democracy, and technological stagnation.
Thiel’s professional ascent coincided with the explosive growth of the dot-com era. In 1998, he co-founded PayPal, helping pioneer digital payment systems that would become foundational to online commerce. When the company was sold to eBay in 2002 for $1.5 billion, Thiel emerged a multimillionaire and part of what would later be known as the “PayPal Mafia” — a loose but influential network of founders and early employees who went on to launch or invest in some of Silicon Valley’s most dominant firms.
In 2004, Thiel made one of the most consequential investments of his career, providing $500,000 in seed funding to Facebook, then a fledgling social network founded by Mark Zuckerberg. He became the company’s first outside investor and later served on its board. That early bet proved extraordinarily lucrative and cemented Thiel’s status as a major venture capitalist with a reputation for identifying transformative platforms before they reached scale.
The same year, he co-founded Palantir Technologies. Initially backed in part by In-Q-Tel, the CIA’s venture capital arm, Palantir developed software — including its Gotham platform — designed to help defense, intelligence, and law enforcement agencies integrate and analyze massive datasets. The company’s tools allow users to map relationships, identify patterns, and visualize complex networks across financial records, communications data, and other digital trails.
Over time, Palantir secured billions of dollars in public-sector contracts. It has worked with the U.S. Department of Defense, Immigration and Customs Enforcement, the Centers for Disease Control and Prevention, and allied governments abroad. Public reporting has documented that its global government contracts exceed $1.9 billion, including agreements with Israeli defense entities — relationships that reportedly expanded following the Oct. 7 attacks in Israel. Critics have raised concerns about civil liberties and surveillance, while supporters argue the company provides essential national security tools.
By the mid-2000s, Thiel was no longer simply a wealthy entrepreneur. He was a financier operating at the intersection of capital, advanced technology, and government — with investments embedded in some of the country’s most sensitive security systems. His political giving would later extend that influence further, including support for candidates aligned with his populist and nationalist leanings– notably Donald Trump in 2016.
As his wealth and influence expanded, so too did his proximity to other powerful — and, in some cases, controversial — figures in global finance.
Among them was Jeffrey Epstein.
Thiel’s name appears more than 2,200 times in documents released so far by the U.S. Department of Justice related to Epstein. A name appearing in legal filings does not, by itself, indicate wrongdoing. However, the extensive references illustrate that Epstein’s social and financial network intersected with elite figures in technology, academia, politics, and finance — including individuals connected to Thiel’s business and philanthropic circles.
Epstein’s legal troubles became public in 2005, when police in Palm Beach, Fla., investigated allegations that he had sexually abused a minor. In 2008, he pleaded guilty in state court to soliciting prostitution from a minor under a plea agreement that was widely criticized as unusually lenient. He served 13 months in county jail with work-release privileges and was required to register as a sex offender. Comparable federal charges can carry significantly longer sentences.
Despite that conviction, Epstein continued to maintain relationships with prominent business and political figures for years. The extent to which members of elite networks remained in contact with him after his guilty plea has been the subject of extensive scrutiny.
Documents released by the Justice Department indicate that individuals connected to Thiel’s philanthropic and investment circles communicated with Epstein after his conviction. One document shows an invitation, sent on behalf of the Thiel Foundation, for Epstein to attend a technology event in San Francisco. Additional financial records and reporting indicate that between 2015 and 2016, Epstein invested approximately $40 million in funds managed by Valar Ventures, one of Thiel’s firms. Other records reflect meetings and correspondence, at times arranged through intermediaries. Epstein also extended invitations to his Caribbean residence.
There is no evidence that Thiel was involved in Epstein’s criminal conduct. The documented interactions do, however, show numerous planned meetings between the two both in the Caribbean (where Epstein’s infamous island is located) and across the world, while also raising questions about why business relationships continued after Epstein had pleaded guilty to a sex offense involving a minor and was a registered sex offender. For critics, that continued engagement speaks to the insular nature of elite finance, where access to capital and networks can override reputational risk.
Palantir represents another overlap. In emails made public through Justice Department releases, Epstein referenced Palantir in correspondence with Ehud Barak, the former Israeli prime minister who also maintained ties to Epstein. The emails do not indicate that Epstein had operational involvement in Palantir or access to its systems, however, they show that he discussed one of Thiel’s most strategically significant companies — a firm deeply integrated into Western defense and intelligence systems — with senior political figures abroad.
Separately, Thiel’s long-running dispute with Gawker Media offers additional insight into how he has exercised power outside traditional political channels.
After Gawker published an article in 2007 that publicly identified Thiel as gay, he later secretly funded litigation brought by professional wrestler Hulk Hogan over the outlet’s publication of a sex tape. The lawsuit resulted in a $140 million judgment against Gawker, which ultimately filed for bankruptcy. Thiel later confirmed his financial backing of the case, framing it as a defense of privacy and a response to what he considered reckless media behavior.
The episode demonstrated Thiel’s willingness to deploy substantial financial resources strategically and, at times, discreetly. It also illustrated how wealth can be used to influence institutions — whether through venture capital, political donations, or litigation.
Taken together, the record does not establish criminal liability for Thiel in connection with Epstein. It does, however, situate him within a dense web of elite finance, national security contracting, political influence, and reputation management. As additional documents related to Epstein continue to emerge, that web — and the decisions made within it — remains a subject of public interest and ongoing scrutiny.

