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Philanthropy and Its Enemies: Redistribute foundation wealth based on racial quotas
WSJ ^ | 3/3/2009 | Naomi Riley

Posted on 03/03/2009 1:30:55 PM PST by mojito

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To: mathurine

Reporting in your suggested scenario would likly track along the lines of the Annenberg Chicago Challenge. Abject failure.

It’s amazing .. successful white guy builds up a business, makes a fortune, donates much of that fortune to a foundation with his philanthropic goals mind. Then, the foundation is taken over by bleeding heart liberals who put the aforementioned dead white guy’s money to uses he most likely abhored. Think Annenberg, Carnegie, Ford, et al.

Would a Marriott Foundation be forced to have a board with secular non-Mormons who favor, say, Prop 8? Or would a Monohan Foundation have to donate to NARAL for the sake of ‘diversity?’

Alas, few come by sizeable fortunes by sure luck and happenstance. Those still living are too smart to get tied up in this type of thuggery. They will figure out how to invest their philanthropic dollars in ways to advance their own interests, and not those of some ‘committee’ or ‘council’ whose bureaucrats think they know more than they do about how to spend their own money.


21 posted on 03/03/2009 2:40:58 PM PST by EDINVA
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To: mojito
The Community Organizer now wants to get rid of charities.

Only after he and his foaming-at-the-mouth hordes steal all their money.

The looters, roof perchers and race pimps will destroy anything Obama overlooks.

Between them they will suck the lifeblood from the nation within a year.

22 posted on 03/03/2009 7:54:47 PM PST by Iron Munro (Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.)
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