They hid it from the taxman by giving it something to do... cure malaria, build solar-powered outhouses in Africa, research for cancer,... I have no problem with that.
Willard hides his from the taxman by giving it nothing to do except grow for the eternal enrichment of his DNA.
Gates...
To maintain its status as a charitable foundation, it must donate at least 5% of its assets each year. [17] Thus the donations from the foundation each year would amount to over US$1.5 billion at a minimum.
The Foundation has been organized, as of April 2006, into four divisions, including core operations (public relations, finance and administration, human resources, etc.), under Chief Operating Officer Cheryl Scott, and three grant-making programs:
The Foundation will give hundreds of millions of dollars in the next few years to programs aimed at encouraging saving by the world's poor, the Wall Street Journal reported, [18] presumably under a new grant-making program.
On December 18, 2008, the Clinton Foundation released a list of all contributors. It included the Bill & Melinda Gates Foundation, which gave between US$10–25 million. [19] en.wikipedia.org
Rockefeller
Through the years the foundation has expanded greatly in scope. Historically, it has given more than $14 billion in current dollars [12] to thousands of grantees worldwide and has assisted directly in the training of nearly 13,000 Rockefeller Fellows.
Its overall philanthropic activity has been divided into five main subject areas: [16]
- Medical, health, and population sciences,
- Agricultural and natural sciences,
- Arts and humanities,
- Social sciences,
- International relations.
A major program beginning in the 1930s was the relocation of German (Jewish) scholars from German universities to America. This was expanded to other European countries after the Anschluss occurred; when war broke out it became a full-scale rescue operation. Another program, the Emergency Rescue Committee was also partly funded with Rockefeller money; this effort resulted in the rescue of some of the most famous artists, writers and composers of Europe. Some of the notable figures relocated or saved (out of a total of 303 scholars) by the Foundation were Thomas Mann, Claude Lévi-Strauss and Leó Szilárd, enriching intellectual life and academic disciplines in the US. This came to light afterwards through a brief, unpublished history of the Foundation's program. [17]
Another significant program was its Medical Sciences Division, which extensively funded women's contraception and the human reproductive system in general. Other funding went into endocrinology departments in American universities, human heredity, mammalian biology, human physiology and anatomy, psychology, and the pioneering studies of human sexual behavior by Dr. Alfred Kinsey. [18] en.wikipedia.org
Romney's I Dig It Foundation
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