Teresa Heinz Kerry, all by herself, presides over greater assets involved in the funding of shadow political activities than the three chief conservative foundations – Scaife, Olin and Bradley – combined. While, these conservative foundations have combined assets of $809 million, the three Heinz Endowments, in whose boardrooms Teresa Heinz Kerry speaks with a voice louder than all others, have total assets of $1.2 billion. Mrs. Kerry also sits on the board of the Carnegie Corporation, which as this report reveals is also an active funder of the political left and which has assets of $1.6 billion. In other words, Mrs. Kerry has a say in the disposition of funds earmarked for the left which are more than three times greater than the celebrated funders of the right combined.
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Sunday, October 24, 2004
57 Varieties of Radical Causes: Teresa Heinz Kerry's Charitable Giving
David Horowitz writes in the Foreword to Ben Johnson's new book "57 Varieties of Radical Causes: Teresa Heinz Kerry's Charitable Giving":