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by gpawl 3241 days ago
This is why foundations exist; to hold accumulated wealth.

https://www.gatesfoundation.org/

http://tsffoundation.org/

http://www.bezosfamilyfoundation.org/ <- Jeff's parents, not Jeff

1 comments

The Gate's foundation opening line:

> "we are impatient optimists working to reduce inequity"

Ironic considering that these foundations literally exist because of the consolidation of wealth and resources, aka, inequity.

And if the global trend of further wealth consolidation is any indicator, they're not succeeding.