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Dark cloud over good works of Gates Foundation

Date: January 7, 2007

Authors: Charles Piller, Robyn Dixon and Edmund Sanders

QUOTE: hundreds of Gates Foundation investments — totaling at least $8.7 billion, or 41% of its assets, not including U.S. and foreign government securities — have been in companies that countered the foundation's charitable goals or socially concerned philosophy....investing in destructive or unethical companies is not what is most harmful, said Hawken and other experts, including Douglas Bauer, senior vice president of Rockefeller Philanthropy Advisors, a nonprofit group that assists foundations on policy and ethical issues. Worse, they said, is investing purely for profit, without attempting to improve a company's way of operating.

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Article MetaInformation:

Key People:

• Prof. Brook K. Baker Esq.
• Miles White
• Prof. Stuart A. Batterman Ph.D.

Key Organizations:

• Abbott Laboratories
• Anglo American
• Bill & Melinda Gates Foundation
• Bill & Melinda Gates Foundation Trust
• BP p.l.c (British Petroleum)
• Charles Stewart Mott Foundation
• Chevron Corporation
• Doctors Without Borders/Medecins Sans Frontieres (MSF)
• Dominion
• El Paso Corporation
• Eni S.p.A.
• ExxonMobil/Exxon Mobil Corporation
• Ford Foundation
• Interfaith Center on Corporate Responsibility (ICCR)
• John D. and Catherine T. MacArthur Foundation
• Los Angeles Times
• Nathan Cummings Foundation
• New Alternatives Fund
• Political Economy Research Institute (PERI)
• Rockefeller Foundation
• Royal Dutch Shell plc (Shell Group)
• Total

Subject & Geographic Categories:

• Abstract Principles
  • Control / Access / Permission
    • Principles / Guidelines / Rules / Policy
  • Information
    • Arguments / Debates / Demagoguery
      • Consistency/Hypocrisy
    • Truth / Honesty / Lying / Cheating
      • Hide/Mislead
        • Disclosure/Conflicts of Interest
          • Disclosure/Conflict of Interest (Organizational)
  • Motivation/Rewards/Punishments

• Businesses & Organizations
  • Charities & Non-Profit Organizations
  • Ethics (Organizational)
    • Codes of Organizational Conduct
  • Organizational Behavior/Culture
  • Organizational Structure
    • Multinationals

• Social Sciences & Groups
  • Economics: General
    • World Trade
      • Third World Development
  • Social Movements / Organizing / Non-Governmental Organizations (NGOs)

• Africa
  • West Africa
    • Nigeria

• North America
  • United States of America/USA

• Worldwide

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