Originally posted on Financial Post | Opinion:
Anti-Keystone protests get millions in funding
Nothing influences President Barack Obama’s decision on the Keystone XL pipeline quite like the protests against it, led by Bill McKibben, an American environmentalist, and his organization, called 350.org. On Wednesday, 350.org and the Sierra Club participated in an anti-Keystone protest at the White House and this Sunday they are holding another one on Capital Hill. They expect 20,000 people from across the United States.
350.org has the look and feel of an amateur, grassroots operation, but in reality, it is a multi-million dollar campaign run by staff earning six-digit salaries.
By my analysis of information from the U.S. Foundation Center and the tax filings of American charitable foundations, McKibben’s campaigns have received more than 100 grants since 2005 for a total of US$10-million from 50 charitable foundations. Six of those grants were for roughly US$1-million each.
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