Friday, January 16, 2015
Right Wing Website Questions Ford Foundation Motives on Advocating for Net Neutrality
The Ford Foundation, the world’s second largest private foundation, denies that its spending of millions of dollars on groups pressuring the federal government for stricter regulation of Internet traffic is connected to its multi-million dollar investments in major tech companies.
“There is no connection between our endowment management and the grant-making team. Our external portfolio managers make the decisions about investments independent of our programmatic work,” Ford told the telecommunications industry trade publication....