The Corner

Politics & Policy

What an Unbelievable Geyser of Foundation Money for DEI

Thomas Edsall has a column at the New York Times on the unintended negative political consequences that Democrats suffer when foundations mainstream crazy left-wing causes.

Check out this rundown at the beginning of the column (and weep):

Before Floyd’s death, Candid found that philanthropies provided “$3.3 billion in racial equity funding” for the nine years from 2011 to 2019. Since then, Candid calculations revealed much higher totals for both 2020 and 2021: “50,887 grants valued at $12.7 billion” and “177 pledges valued at $11.6 billion.”

Among the top funders, according to Candid’s calculations, are the Ford Foundation, at $3 billion; Mackenzie Scott, at $2.9 billion; JPMorgan Chase & Co. Contributions Program, at $2.1 billion; W.K. Kellogg Foundation, $1.2 billion; Bill & Melinda Gates Foundation, $1.1 billion; Silicon Valley Community Foundation, $1 billion; Walton Family Foundation, $689 million; The William and Flora Hewlett Foundation, $438 million; and the Foundation to Promote Open Society, $350.5 million.

Exit mobile version