Associate Professor of Public Policy @fordschool @umich. Author, Policy Patrons. Philanthropy, education, nonprofits, managerialism, wealth & influence.
May 4, 2021 • 7 tweets • 1 min read
There’s a ton of misinformation going around about the Gates’ divorce and what it means for their foundation’s grantees.
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The Gates don’t own the foundation.
It’s a nonprofit charitable trust, and it’s irrevocable, which means that once they donate money to it, the funds have to be given to charity and they can’t take it back out again for their own personal use.
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