“Responding to what the MacArthur Foundation called the “twin pandemics” of COVID-19 and systemic racism, the foundations mostly issued social bonds ranging from $100 million to Ford’s $1 billion. The unusual moved allowed them to increase their donations and take advantage of favorable market conditions, instead of dipping into their endowments.”
Hilary Pennington is key!
“It just let us put on steroids something that we wanted to do anyway,” said Hilary Pennington, an executive vice president of the Ford Foundation."
She was co-chair of the distance learning program set up by Clinton with Executive Order 13111 that created Advanced Distributed Learning.
Also in the mix of Marc Tucker “Dear Hillary” letter.
The participants in BLM protests are completely ignorant of financial schemes they are being used to advance.
Thanks for sharing Lynn.