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Gates Foundation Announces Plan For Record-Breaking Donations This Year At Davos
The Daily Caller ^ | January 16, 2024 | Robert Schmad

Posted on 01/17/2024 9:27:21 AM PST by Twotone

The Bill and Melinda Gates Foundation, which has a history of providing financial support to left-wing groups, announced on Monday that it would spend billions of dollars in 2024.

The Gates Foundation’s board of trustees has approved a record $8.6 billion budget for 2024, up from $8.3 billion in 2023 and $7 billion in 2022, the charity announced from Davos, Switzerland, where the World Economic Forum is hosting its annual meeting. Over the years, the charity has poured tens of millions of dollars into pro-abortion groups, Democrat-aligned nonprofits and Chinese government organizations, among other causes.

The foundation works in areas related to gender equality, policy advocacy and global health, according to its website. Pro-abortion groups have received tens of millions from the Gates Foundation to promote “family planning” and women’s empowerment.

The Gates Foundation has given over $94 million to Planned Parenthood since the charity was founded, including $10.5 million in 2022 alone, according to its grant database. Planned Parenthood performed 374,155 abortions in the United States between 2021 and 2022, according to its most recent annual report.

Other pro-abortion groups, like the European Parliamentary Forum for Sexual & Reproductive Rights and MSI Reproductive Choices, have also received millions from the Gates Foundation, according to tax forms

Democrat-aligned nonprofits have also been major beneficiaries of the Gates Foundation. The Gates Foundation has given New Venture Fund over $200 million since 2016, according to its grant database. New Venture Fund is part of the network of nonprofits managed by Arabella Advisors, which The New York Times has labeled a “dark money” operation. New Venture Fund bankrolls an array of left-wing groups, according to tax filings.

The Washington, D.C., district attorney has subpoenaed the group in connection with allegations that New Venture Fund skirted the law to help get Democrats elected and influence Republican lawmakers before and after the 2020 elections, the Washington Free Beacon reported.

The Tides Center, another Democrat-friendly nonprofit, has received more than $12 million from the Gates Foundation since 2020, according to the charity’s grant database.

In addition to pro-Democrat organizations, the Gates Foundation has also funded America’s top foreign adversary. Chinese government organizations received $23 million from the Gates Foundation in 2022, according to tax documents. Recipients included Chinese state-run universities that conduct defense research and a government ministry that ran a program aimed at stealing American technology.

Much of the foundation’s 2024 spending will be focused on “reducing inequities in health” by doing things like providing HPV vaccines and helping to implement AI-enabled ultrasound technology to help detect obstetric risk in pregnancies, according to a press release.

“The Gates Foundation measures impact in terms of lives saved and opportunities provided to the poorest,” Gates Foundation CEO Mark Suzman said.

The World Economic Forum meets annually to facilitate dialogue between political, business and civil society leaders on an array of issues. This year’s theme is “rebuilding trust,” according to the World Economic Forum’s website.

The meeting will be attended by high ranking Chinese Communist Party officials, Ukrainian President Volodymyr Zelenskyy and US Secretary of State Antony Blinken, among others.

The World Economic Forum has promoted controversial ideas in the past, like that people should eat insects to fight climate change.

The Gates Foundation did not immediately respond to the Daily Caller News Foundation’s request for comment.


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: arrestbillgates; billgates; davos; despotism; funding; graft; moneylaundering; terroristfunding; warcriminal

1 posted on 01/17/2024 9:27:21 AM PST by Twotone
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To: Twotone

Gates kids live all over Maine right on the ocean.


2 posted on 01/17/2024 9:28:54 AM PST by Chickensoup
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To: Twotone

rich people donating for the destruction of poor people and getting to write it off on the taxes they don’t pay.


3 posted on 01/17/2024 9:30:40 AM PST by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: Chickensoup

So they obviously aren’t worried about Climate Change.


4 posted on 01/17/2024 9:31:23 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Twotone

A little Lolita goes a long way.

I think I remember when the Clinton machine turned Gates.


5 posted on 01/17/2024 9:33:10 AM PST by Empire_of_Liberty
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To: Twotone

“The Gates Foundation measures impact in terms of lives saved and opportunities provided to the poorest,” Gates Foundation CEO Mark Suzman said.

With millions of dollars awarded to pro-abortion groups, your impact must be dismal...


6 posted on 01/17/2024 9:35:57 AM PST by jagusafr ( )
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To: teeman8r

Yes, we definitely need to revisit tax law on what a “charity” is.


7 posted on 01/17/2024 9:40:09 AM PST by Twotone (I used to worry there'd be a civil war. Now I worry there won't be. - Mark Steyn)
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To: Twotone

Gates Foundation- Laundering EU $$$ for US Elections


8 posted on 01/17/2024 9:40:37 AM PST by indthkr
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To: Twotone

“Fiscal sponsorship uses a tax-exempt charity to provide financial support to a non-exempt project or organization, therefore lending it tax exemption as long as the charity retains control of the way its funds are spent.”

https://en.wikipedia.org/wiki/Tides_Foundation


9 posted on 01/17/2024 9:52:27 AM PST by Brian Griffin
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To: Twotone

“In 2000, Tides launched a program called “Bridging the Economic Divide.” It focused on funding living wage campaigns and economic justice coalitions. Tides also launched the Tides Death Penalty Mobilization Fund, which supports the anti-death penalty movement. The Michigan Partnership to Prevent Gun Violence was founded with support from Tides.”

https://en.wikipedia.org/wiki/Tides_Foundation

It seems to me like there is an attempt to change law.


10 posted on 01/17/2024 9:54:07 AM PST by Brian Griffin
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To: Twotone

“In 2023, the Washington Examiner, a U.S. conservative news outlet, reported that the Tides Foundation and its affiliate, the Tides Center, had donated over $1 million to groups behind demonstrations pushing for an Israel-Gaza conflict ceasefire.”

https://en.wikipedia.org/wiki/Tides_Foundation


11 posted on 01/17/2024 9:55:06 AM PST by Brian Griffin
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To: Twotone

“In 2008, the Advocacy Fund contributed to campaigns opposing Colorado Amendment 46, Colorado Amendment 47, Colorado Amendment 49 and Colorado Amendment 54. The Advocacy Fund distributed $11.8 million in grants in 2013 to groups promoting mass amnesty for illegal immigrants, increased worker protections, chemical safety legal reform, and increased investment in the solar energy industry.”

“The Wikimedia Foundation, the non-profit organization which manages Wikipedia, has worked with the Tides Foundation since 2016. The multimillion-dollar Wikimedia Endowment was created in 2016 to support the Wikimedia projects, and is managed by Tides. In 2019, Wikimedia’s incoming general counsel, Amanda Keton, had previously served as the general counsel of the Tides Network, the head of Tides Foundation, and the CEO of Tides Advocacy. In 2020, Wikimedia established a $4.5M donor-advised fund, the Wikimedia Foundation Knowledge Equity Fund, at Tides Advocacy.”

https://en.wikipedia.org/wiki/Tides_Foundation


12 posted on 01/17/2024 9:57:25 AM PST by Brian Griffin
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To: Twotone

Rich people 501c3s trading with other rich peoples 501c3s...it is quite the racket.


13 posted on 01/17/2024 10:03:26 AM PST by goodnesswins ( We pretend to vote and they pretend to count the votes.)
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To: Twotone
Davos is Genocide planning central casting!

"Population Control" means killing off BILLIONS via;
immune-compromising shots, labelled "vaccines",
roping off millions of acres of America's best farmland,
restricting water availability to farm and family by allowing rivers to flow to the sea without retention of any reserves,
instigating armed conflicts around the world,
Eliminating reliable energy sources, Undermining economies around the world via runaway spending and taxation...

14 posted on 01/17/2024 10:05:00 AM PST by G Larry ("XFKAT" We can't keep spelling out "X Formerly Known As Twitter"!)
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To: Twotone

Now we know who is behind the DIE funding.
The inventor of “The Blue Screen of Death”


15 posted on 01/17/2024 10:07:05 AM PST by Zathras
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To: Twotone

big election right around the corner.

with zuckerboxes outed, somebody’s gotta take up the slack in DS/Dem campaign comtributions??


16 posted on 01/17/2024 10:20:20 AM PST by thinden (buckle up ....)
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To: Twotone

I am in favor of ending all tax exempt status for any organization, even religious ones. People will still donate to a church or a charity that they want to help without needing a tax write off.


17 posted on 01/17/2024 11:06:34 AM PST by Freee-dame
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To: Twotone

Use capitalism to get rich and do everything they can to destroy it for everyone else...The face of hypocrisy Bill and Linda Gates their virtue signaling is nauseating


18 posted on 01/17/2024 11:21:32 AM PST by wild74
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To: jagusafr

I thought the Gates Foundation measured its success based on ROI.


19 posted on 01/17/2024 1:44:34 PM PST by DrDavid (George Orwell was an optimist.)
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