Billionaire-Backed Philanthropy Network Vows No Future Grants to Palestinian Terror-Tied Group


Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Foundation to Promote Open Society, Ford Foundation, Tides Foundation

credit: qualitysmith

A "progressive" charity linked to Palestinian terror is getting the boot from four major payment processors over its ties to the Popular Front for the Liberation of Palestine.

Per the Washington Examiner, Texas billionaires John and Laura Arnold, co-founders of Arnold Ventures, have donated $5,000 to the Arizona-based Alliance for Global Justice, which has been accused by some lawmakers of providing "material support" to the PFLP, a terrorist group that Israel says has ties to Hezbollah.

Meanwhile, ActBlue, PayPal, Stripe, and Deluxe have all removed the Alliance for Global Justice from their payment processing platforms.

The Arnolds' donation to the charity in 2020 was listed as an "employee-directed contribution" that was meant "to support racial justice initiatives," Arnold Ventures said earlier this year, per the Examiner.

Per the Houston Chronicle, the Arnolds are the first billionaires to sign on to the Global Citizen's "Give While You Live" campaign, which calls on the world's billionaires to give at least 5% of their wealth to a cause every year.

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Tampa Bay Innovation Center Names Startups for Spring Accelerator Program

The Tampa Bay Innovation Center is kicking off its spring accelerator program, and it's got eight startups on its list. Among them: AgWise, which focuses on the climate impact of agriculture's...more

Impact Pioneers Network Accelerates Growth for Filipino Impact Enterprises

A "first-of-its-kind impact investing network" in the Philippines is putting its money where its mouth is, in the form of collateral-free loans to women-led social and environmental...more

Ai for Ias: How Artificial Intelligence Will Impact Investment Advisers

"It is simply not good enough that, for many advisers, their understanding of AI is that information goes into a black box,'magic happens' and something comes out." So said the outgoing director...more

Impact Investment Strategies Unveiled in New Genconnectu Course by Vegtech ...

"The future is green, and it's ours to invest in." That's the takeaway from Elysabeth Alfano, CEO of VegTech Invest, who is offering an online course on "Impact Investing with Plant-based...more

Women of Impact: Alba Forns and Solar-Financing Platform Climatize

"Without actively looking for it, I came across a problem to solve, a powerhouse co-founder and an idea worth pursuing, so I decided to go for it," Alba Forns tellsEquities News. Forns is the...more

Positioning Kenyan Livestock Sector for Impact Investment

It's no secret that Africa's livestock industry plays a big role in the region's economy. In fact, the demand for livestock products is expected to grow by 50% by 2030, notes Business...more

El Rito 2024 Spring Arts Festival May 18-19

The New Mexico town of El Rito has been named one of America's 10 most livable cities by Time. The honor goes to El Rito for the third year in a row, thanks in large part to the work of its...more

Undergraduate Research Week Poster Competition Winners Announced

"This research pushed me outside my comfort zone and forced me to interact first-hand with hard truths about what social media is being used for in the modern day," Daisy Rehbock writes in her...more

Decision Reversed: Fair Park Ceo Put on 45 Day Paid Leave as Board Evaluates Performance

The CEO of the nation's second-oldest civic monument has been ousted over allegations of financial impropriety at Dallas' Fair Park, the Dallas Morning News reports. On May 1, Brian Luallen...more

An Evening Worth Its Weight in Art!

Quebec City's Mus ? 'e des beaux-arts du Qu'bec museum is getting a major boost from a single man. Michael Audain, chairman of the Jean Paul Riopelle Foundation, has pledged $10 million toward...more






John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders