New Gates palace opens in Seattle
Symbol of unchecked foundation power
In order to keep its tax-exempt status, the Gates foundation has to give away about $3 billion a year. Stacy Palmer, editor of the Chronicle of Philanthropy, says the foundation's influence goes far beyond that.
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| New Gates 900,000 sq. ft. "campus" cost $.5 billion in tax-exempt dollars. |
"They're influencing governments in lots of different ways — and
