Amalgamated Bank: How Did We Get Here?
Few entities embody the symbiotic relationship between American organized labor and the Left better than Amalgamated Bank. With a client list that includes some of the biggest political players in…
Rockefeller Brothers Fund
Amalgamated Bank: Philanthropic Politics
Amalgamated Charitable Foundation has ballooned its revenues by 8,890 percent since its creation, from revenues of $253,000 in 2017 to nearly $23 million in 2019. The 501(c)(3) is focused on…
Amalgamated Bank: “Hate Is Not Charitable”
In mid-2019, the Amalgamated Charitable launched an aggressive campaign to curb donations to conservative, libertarian, and right-leaning nonprofits by labeling them “hate groups.” The Hate Is Not Charitable campaign was…
Amalgamated Bank: Shareholder Activism
Environmental, social, and corporate governance (ESG)activism can also extend beyond an organization’s own practices and investment decisions. Shareholders in publicly traded companies can attempt to leverage their position to pressure…
Environmentalists Deserve to Lose Their War on Natural Gas
Make no mistake, the same environmentalists who tried to dial coal and oil out of the economy are coming for natural gas next. “Green” fundamentalism won’t be satisfied until it’s…
The Private Investments of Private Foundations: Philanthropy’s “Dark Money”?
The IRS instructs private foundations to attach a detailed schedule of investments to their annual publicly available Form 990-PF. Some, however, do not include meaningful detail on how their vast…
The Private Investments of Private Foundations: Incongruous Investments
Investment portfolios shouldn’t be battlefields for ideological conflict, but many foundations—and particularly the activist groups they fund—are increasingly choosing to make them so. This can result in a marked disconnect…
The Private Investments of Private Foundations: Capitalism for Me, But Not for Thee
The specifics of a given foundation’s investments—indeed, whether those investments are properly disclosed and itemized at all—is rather less relevant when that foundation’s grantmaking evidences wholesale antagonism to market capitalism…
The Private Investments of Private Foundations: Depoliticize Philanthropy
The point here is not that foundation investments should be politicized. They should not. Foundations should, however, abide by what appear to be unambiguous IRS transparency instructions and be prepared…
Forced Electrification: Environmentalists’ War on Consumers
Environmentalism boils down to making your life harder. From banning oil-burning cars to promising the moon with feel-good renewables, eco-activists are on a mission to make electricity a luxury good—and…