Tuesday, January 6, 2009

persuade 'em through the pocketbook


What do J.P. Morgan Chase, M&T Bank Corp., Nationwide Financial Services, New York Times, Nike, Northern Trust, Tenet Healthcare, UPS, and Wells Fargo have in common?

They all make direct contributions to Planned Parenthood...

From Rusty Leonard and Warren Cole Smith in World, more on the (corporate) funding of Planned Parenthood-- and one man's effort to bring it to (antiseptic) light....

Corporate giving to charity is as old as America itself....Today, some corporations still "dig deep," but much of their giving goes to organizations that Benjamin Franklin could not have imagined. J.P. Morgan Chase & Co., for example, contributed more than $500,000 to Planned Parenthood, the nation's largest performer of abortions, between 1998 and 2006.

But one man, Tom Strobhar, has spent nearly two decades applying the brakes to this corporate social engineering machine. With shareholder activism, Strobhar has had a hand in changing the corporate giving policies of more than 150 companies, essentially depriving Planned Parenthood of donations that would have totaled multimillions of dollars.

None of the resolutions have passed so far. But the pressure seems to have gotten AT&T, General Mills, American Express, and Berkshire Hathaway to stop giving to PP.


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