Posted on 03/16/2023 6:12:30 PM PDT by SeekAndFind
The Michigan-based cereal giant Kellogg’s donated a whopping $91 million to the far-left Black Lives Matter (BLM) movement after slashing employee benefits, according to a report from The Federalist.
Citing data published by the Claremont Institute, the outlet found that following the death of George Floyd in 2020, Kellogg’s launched the Racial Equity 2030 Global Challenge with an injection of $90 million in order to “fuel innovative and actionable solutions to build a racially equitable future.”
“As stewards of our children’s future, we must collectively face the primary challenge of our time: racial equity,” said W.K. Kellogg Foundation Trustee and Board Chair Cathann Kress in a promotional video.
In June 2020, the company also affirmed its commitment to “combatting racism” with a $1 million donation to the left-wing activist group NAACP.
“Kellogg Company’s $1 million grant complements the funding that the W.K. Kellogg Foundation provides to NAACP, including $1.15 million in 2020,” wrote Kellogg Company Chairman and CEO Steve Cahillane at the time. “NAACP is one of the many racial equity anchor organizations that WKKF supports.”
Meanwhile, the foundation’s website boasts that in October last year, “five awardees were named to receive a combined $80 million over the next eight years, concluding in 2030, the W.K. Kellogg Foundation’s 100th anniversary.”
The large donations came less than a year after employees went on strike over reports that the company had introduced a two-tiered benefits system, limited vacation days and enforced work weeks as long as 84 hours.
Around 1,400 workers across four states – Michigan, Nebraska, Pennsylvania, and Tennessee – picketed for nearly three months. In response, company officials axed health benefits, leaving employees to pick up the exorbitant premiums to maintain their coverage for pre-existing conditions. The two sides eventually reached an agreement to end industrial action in December 2021.
In 2022, Kellogg’s also bankrolled a pilot program aimed at providing hundreds of illegal aliens living in the U.S. with a guaranteed basic income of $500 per month.
Kellogg’s is far from the only large company to have funded BLM’s Marxist agenda. Earlier this week, it emerged that the now-collapsed Silicon Valley Bank gave away $74 million to BLM and other social justice-related causes. The Claremont report found that in total, BLM had shaken down corporations for a staggering $83 billion, equivalent to more than the entire GDP of most African countries.
Lefties hate the workers.
It was a business decision. Think Bobby Knight complaining about the officials: “I feel like a woman getting raped-might as well enjoy it”.
F**l Kelloggs. I eat Post Raisen Bran anyway.
The board of directors should be sued into oblivion for not acting in the best interests of their shareholders, with a full SEC investigation.
I am a cereal addict, through and through.
Forget Kellogg’s!!!
You’d think the shareholders would bring suit, alleging incompetence (or the equivalent: making bad business decisions based on political ideology) by the board and officers of the company.
Bkmk
Any social justice group can get $50 per ballot they fill out, safely store, and the rapidly deploy where and when needed has no problem raising funds.
Its a BS headline. Meaning no more Red State should be posted. The Kellogg Foundation is not the cereal company. Red State fraud.
Shareholders might want to ask how the $91 million donation was spent by the recipient, and how that increased company value.
The ceo said dont buy his product if you support Trump.
Ok
buy store brands.
Oh...you’re correct. I should have looked more closely at that...as well as the source. “Red State” has a reputation for this kind of stuff.
awwww man, no more Rice Crispy treats.
You don’t have to patronize Kellog. Their competitors include:
General Mills, Kraft Heinz, PepsiCo, Seneca Foods, Tyson Foods, Mondelez International and Nestle.
But then some on the list might also be paying protection money to BLM. Go check first.
Red State reported on the article though, which will send more traffic to The Federalist which does a lot of in-depth reporting on a lot of major issues. The purpose of multiple conservative sites is to bring attention to stories and issues that are ignored by corporate media.
I can’t fault people for posting articles by Red State, PJ Media, Twitchy(for twitter threads of interest), etc, if they are bringing to the forefront articles and information that may have otherwise just gone unseen.
RE: . The Kellogg Foundation is not the cereal company. Red State fraud.
SOURCE: https://www.wkkf.org/who-we-are/overview
Also see here:
https://en.wikipedia.org/wiki/W._K._Kellogg_Foundation
[EXCERPT]
The W. K. Kellogg Foundation was founded in June 1930 as the W. K. Kellogg Child Welfare Foundation by breakfast cereal pioneer Will Keith Kellogg. In 1934, Kellogg donated more than $66 million in Kellogg Company stock and other investments to the W. K. Kellogg Trust (equivalent to $1.06 billion in 2021). As with other endowments, the yearly income from this trust funds the foundation.
In the early 21st century, the foundation is the seventh largest philanthropic foundation in the U.S. In 2005, the foundation reported that the total assets of the foundation and its trust were US$7.3 billion; about US$5.5 billion of this was in Kellogg Company stock.
MORE HERE:
[EXCERPT]
“Kellogg Company’s $1 million grant complements the funding that the W.K. Kellogg Foundation provides to NAACP, including $1.15 million in 2020,” wrote Kellogg Company Chairman and CEO Steve Cahillane. “NAACP is one of the many racial equity anchor organizations that WKKF supports.”
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