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The Gates Foundation’s Hypocritical Investments


ExxonMobil, Walmart, and McDonald’s are just a few of the companies that the mega-charity supports.

By Alex Park and Jaeah Lee. www.motherjones.com
With an endowment larger than all but four of the world’s largest hedge funds, the Bill & Melinda Gates Foundation is easily one of the most powerful charities in the world. According to its website, the organization “works to help all people lead healthy, productive lives.” So how do the investments of the foundation’s $36 billion investing arm, the Gates Foundation Trust, match up to its mission? We dug into the group’s recently released 2012 tax returns to find out.

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The Gates Foundation did not respond to requests for comment; however, its investment policy says the the trust’s managers “consider other issues beyond corporate profits, including the values that drive the foundation’s work.”

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In its most recent annual report to investors, private prison company GEO group listed some risks to its bottom line, including “reductions in crime rates” that “could lead to reductions in arrests, convictions and sentences,” along with immigration reform and the decriminalization of drugs. Military contractor DynCorp, meanwhile, has faced allegations of fraud, mismanagement, and even slavery from the Middle East to Eastern Europe.

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Categories: International-news

Author:General Maddox

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2 Comments on “The Gates Foundation’s Hypocritical Investments”

  1. sumaa
    December 20, 2013 at 11:50 am #

    The Gates foundation certainly wants a ”healthy ” outcome for all corporations! People would seem to be bottom of the barrel, along with the planet and freedom.

  2. Anenome Ofglobalgov
    December 20, 2013 at 3:35 pm #

    Why would such a kind, heartwarming, generous couple like Bill and Melinda Gates throw their charity money at Pepsi who use foetus material to improve the flavour of their drinks. This would be the same Bill Gates who is on a youtube video discussing DEpopulation and expressing how to achieve it and that VACCINATIONS ARE HIS PREFERRED METHOD. Listen for yourself. The number of Wolves in Sheeps clothing today are out of control and need CULLING.

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