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To: Tailgunner Joe; Cindy
OH BOY.

The UNF is Ted Turner's baby... he gave the UN the billion dollar pinata a while back:

Look: http://www.freerepublic.com/focus/f-news/719884/posts

Of course that was peanuts- the scheme evidently resulted in more money pouring in beyond just his.

OF course, that's not counting the minimum of 60 billion that was pizzled away through the UN Oil for Food scandal.

16 posted on 01/24/2009 7:57:19 PM PST by piasa
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To: Tailgunner Joe; Cindy; Fedora
From my link:

...Stretching out the life of the foundation could mean spending less of Turner's money on an annual basis, foundation officials said. But they said the foundation has become so skilled at creating partnerships and raising money through matching grants that it might still disburse more than $100 million per year.

Turner remains committed to the $1 billion total, said Jane Holl Lute, executive vice president of the foundation. She and other foundation officials said the proposal has been under discussion for nine months and has no relationship to the slump in Turner's wealth, which has shrunk as the stock market has plunged.

Instead, the reasons for the request were bound up in the organization's evolution into a far different organization than the one which only made grants in its the initial years, members of the foundation board said in interviews.

The foundation -- which, though its sister organization, the Better World Fund, led a successful effort to convince the United States to pay is overdue U.N. dues -- has come to play a vital role in assisting the the United Nations with public communication, they said. The foundation offers public relations expertise and also maintains a Web site with daily news about the operations of the United Nations. ...

I'm not feeling the love, folks...

19 posted on 01/24/2009 8:04:12 PM PST by piasa
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