September 4th, 2020 | 19 mins 12 secs
activism, aei, bagman, business, capitalism, conservative, dark money, donor, donors, ford, foundations, funding, george floyd, influence, intent, iwf, left, left-wing, liberal, libertarian, major institutions, money, naomi schaefer riley, philanthropy, police, progressive, public policy, research, right, rockefeller
In this episode: Since the initial demonstrations following the police-custody death of George Floyd, foundations have pledged over one billion dollars to support efforts to combat alleged “systemic racism.” In practice, that means more foundations have followed the path of the Ford Foundation, Rockefeller Foundation, and Pew Charitable Trusts and abandoned the business-friendly pro-capitalist outlooks of their founding donors and adopted the socialist and woke-progressive outlooks of their current year managers. Joining us to discuss this consistently troubling development this week is Naomi Schaefer Riley, a resident fellow at the American Enterprise Institute and a senior fellow at the Independent Women’s Forum. We discuss the recent turn toward left-progressive activism at the Andrew W. Mellon Foundation, the broader problem of Big Philanthropy dishonoring donor intent, and what can be done about it.