New York Times Offers Stunning Report on Left-Wing Racial Fundraising
Thomas Edsall, one of the few decent contributors at the New York Times, published a valuable piece of journalism Wednesday on the sheer size of philanthropic commitment to left-wing “racial justice” measures.
The Law of Unintended Political Consequences Strikes Again https://t.co/Cla3XF3N5q
— Thomas Edsall (@Edsall) January 5, 2022
With nearly 3,000 words of interviews and assorted content, he explores how much money — nearly $25 billion it turns out — was donated by progressive elites to divisive racial endeavors after the May 2020 killing of George Floyd.
Before Floyd’s death, Candid — a website for wealthy “people who want to change the world with the resources they need to do it” — said philanthropic entities provided about $3 billion in “racial equity funding” from 2011-19. Since then, Candid found, “50,887 grants valued at $12.7 billion” and “177 pledges valued at $11.6 billion.”
Among the top funders 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.
Responses