Symbol of unchecked foundation power
 |
| New Gates 900,000 sq. ft. "campus" cost $.5 billion in tax-exempt dollars. |
In order to keep its tax-exempt status, the Gates foundation has to give away about $3 billion a year. Stacy Palmer, editor of the
Chronicle of Philanthropy, says the foundation's influence goes far beyond that.
"They're influencing governments in lots of different ways — and corporations, and really everybody else in society, and it's not just about writing checks," she says. It's about setting agendas, framing debates, advocating the foundation's point of view and taking action. Palmer says the foundation has changed the perception of what a private organization can do. -- NPR
Disclaimer at bottom of NPR story reads:
ReplyDelete'NPR is among the organizations that receive money from the Gates Foundation.'