Political 'Philanthropy' is not Philanthropy

Political Philanthropy is not Philanthropy

As the presidential election nears, in political circles the most recent discussion is
about the Clinton Foundation and the many donations it has received at a time
Hillary Clinton was the Secy. of State.

The media and Hillary's political rivals will focus on the Clinton Foundation, but
I'm curious about something equally troubling, the behavior of donors.

The unasked question, why would so many wealthy corporate entities give
thousands and even millions of dollars to the Clinton Foundation which only
has a short history and track record  instead of more established charities with
long histories of  success?

Although I am sure, many believe there is a 'motive', I won't, only pose "why".

Do these well-healed corporations give to the Clinton Foundation in addition
to the many charities they already support? Or is it a 'zero sum game', they stop
giving to other charities so this money can be donated to the Clinton Foundation.

Here are largest donors to the Clinton Foundation from media sources, selected
due to the influence they have on public sentiment, listed by the amount donated.

$1,000,000-$5,000,000
Carlos Slim, Chairman & CEO of Telmex, largest New York Times shareholder
James Murdoch, Chief Operating Officer of 21st Century Fox
Newsmax Media, Florida-based conservative media network
Thomson Reuters,  Owner of the Reuters news service

$500,000-$1,000,000
Google, News Corporation Foundation

$250,000-$500,000
Houghton Mifflin Harcourt, Richard Mellon Scaife

$100,000-$250,000
Bloomberg Philanthropies, Howard Stringer

$50,000-$100,000
Bloomberg L.P., Discovery Communications Inc., Time Warner Inc.

$25,000-$50,000
AOL, HBO, Viacom

$10,000-$25,000
Knight Foundation, Public Radio International, Turner Broadcasting, Twitter

$5,000-$10,000
Comcast, Parent, NBC Universal, Public Broadcasting Service

The largest charities include the United Way, Salvation Army and St. Jude's Hospital.

Taking from "Peter" to pay "Hillary" only makes sense if we factor this transfer of
generosity  as an example of unseemly 'political philanthropy' not principled  philanthropy!











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