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hatrack

(63,804 posts)
Thu Oct 16, 2025, 06:29 AM Thursday

Founder's Pledge - Branded As "Green" - Is Just A Way For The Rich To Fund Anti-Science Pressure Groups

EDIT

The Mercatus Center is a conservative “market oriented” think tank registered as a charity. Mercatus and its sister group the Institute for Humane Studies (IHS), both located at George Mason University, have been funded by American billionaire and oil magnate Charles Koch, co-founder of Koch Industries – the second-largest private company in the U.S. The network of influence controlled and supported by Charles Koch and his late brother David includes “a web of interconnected, right-wing think tanks and advocacy groups”. The pair have piled millions of dollars into causes promoting climate disinformation, including buying credibility with large investments in academic institutions. Between 2018 and 2022, George Mason was by far the biggest university in receipt of Charles Koch’s money. The three institutions – George Mason, Mercatus, and the IHS – received $128.6 million from four Koch foundations during the period. The Mercatus Center, which has called climate change “beneficial”, has also received funding from the oil major ExxonMobil.

And yet, the Founders Pledge – which distributes over £100 million annually and operates in the UK, Germany, and U.S. – has been featured in articles highlighting its green credentials and has been labelled as being among the most “high-impact, cost-effective, evidenced-based organisations” to donate through. Firms operating DAFs have the right to refuse to give to certain causes, though in practice this rarely happens.

The Founders Pledge told DeSmog: “We tackle climate change as the global, long-term challenge it is, focusing on solutions that change trajectories, transform systems, reduce the biggest risks for devastating damage around the world, and that will be effective even if everything goes wrong. “Among other efforts, we fund efforts to fast-track low-carbon technologies like advanced geothermal and to make new infrastructure as low-carbon as possible and look for ways to reduce future emissions from existing systems.”

Ed. - How's that for a steaming bowl of meaningless goo?

EDIT

Originating in the U.S. in the 1930s, DAFs are increasingly used by the wealthy to donate to political causes – and often those with reactionary beliefs. A 2024 study found that DAFs are more likely to be used for political donations than other funding methods, while they account for more than one-quarter of all contributions received by “anti-government and hate groups”. Money from prominent DAFs has been used to finance the radical Project 2025 playbook for Donald Trump’s second term, to contribute to the coffers of groups campaigning against women’s and LGBTQ rights, and to prop up climate denial think tanks, all without the original donors having to disclose their identities.

EDIT

https://www.desmog.com/2025/10/15/how-a-pro-climate-charity-channelled-cash-to-a-koch-funded-think-tank/

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Founder's Pledge - Branded As "Green" - Is Just A Way For The Rich To Fund Anti-Science Pressure Groups (Original Post) hatrack Thursday OP
"DAF"? TommyT139 Thursday #1
"Donor Advised Funds" - Keeping your philanthrophy secret, IOW. hatrack Thursday #2
Thanks! TommyT139 Thursday #3
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