The Woke Threat to Philanthropy
From Big Tech censorship to Fortune 500 boycotts of Republican-led states, we’ve heard a lot the past year about “woke capitalism.” A related problem is “woke philanthropy”: Activists want to tell you not only how to make your money but how to give it away.
Major foundations like Ford and Mellon and other nonprofits big and small have shifted their missions toward combating “inequity” and “systemic racism.” Museums are jettisoning board members and canceling donors who made their money in ways counter to progressive orthodoxy. Government officials are threatening the independence and privacy of philanthropists. “Donors have faced intimidation and threats of violence simply for supporting causes they believe in,” Elise Westhoff tells me.
