Why are the Koch Brothers Donating $25 Million to The UNCF?
|
Posted By: Will Moss on June 22, 2014 By Julianne Malveaux When the Koch Foundation gave the United Negro College Fund $25 million, it set off a maelstrom of comments in cyberspace and real time. How dare the UNCF take money from the Koch brothers, some asked. They ought to send it back, said others. What’s wrong with this picture? Koch scholarships will be awarded to students with good grades, financial needs, and an interest in studying how “entrepreneurship, economics and innovation contribute to well-being for individuals, communities, and society.” Sounds like conservative free markets to me. More than that, it sounds like granting scholarships to further the Koch government-reducing, free market focus. Koch protects its interest by having two seats on the five member scholarship committee, with the other three from the UNCF. While non-Koch interests are the majority, it will be interesting to see if a donor can sway a committee. What else? The Koch brothers are making the most of this gift in the media. Rarely have I seen so many headlines generated by a gift of that size. $100 million, maybe. $250 million, surely. But while $25 million will mean a lot to the UNCF, schools such as Harvard would likely consider it nothing more than a modest behest. The Koch brothers must think they’ll get some positive publicity from their gift, and they obviously have the PR team to pitch it. Furthermore, these are the very Koch brothers who have supported voter suppression efforts. They would reduce the size of government, which means the Pell grants that so many students depend on would shrink in size. What one hand gives, in other words, the other takes away. If the Koch brothers would fight to maintain or increase the size of the Pell grant, fewer would look askance at their gift. Instead, many see this as the cynical manipulation of a deep-pockets donor who gets much publicity from their gift. It kind of reminds me of the Donald Sterling gift to the Los Angeles branch of the NAACP. After Sterling’s racist rant, his donation was returned. Still, the NAACP was in the process of giving him a second lifetime achievement award prior to his verbal rampage. Indeed the 2014 outrage against Sterling had elements of class bias. The multi-million dollar players weren’t angry when he discriminated against African Americans and Latinos in the slum housing he owned – which cost him a couple of million dollars to settle with the Justice Department – but they were dismayed when he made negative comments about them. Their earlier silence equaled acquiescence to Sterling’s racism; their protest suggested that they would get angry only when rancid racism was directed at them. If the Koch brothers are the devil, then most of our organizations are making deals with the devil. Look at the list of sponsors for any African American organization or event. Sit through a board meeting, and listen to folks review possible sponsors, many corporate. There are “good” corporations whose diversity portfolio is robust, and then there are those who need a little help. The need for funds notwithstanding, are we for sale for the price of a table or a few salmon (used to be chicken) dinners? http://washingtoninformer.com/news/2014/ju... If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
 |
Will Moss
Founder & CEO, HBCU CONNECT, LLC Hampton University class of 1995 Member Since June 1999 |
Comments
 |
That's great!
Monday, June 23rd 2014 at 2:18PM |
More From This Author
Latest News
Popular News
 |
North Carolina HBCU Unity DayShaw University - Elizabeth City State University - Johnson C. Smith University - Fayetteville State University - Livingstone College - North Carolina A&T State University - North Carolina Central Uni ...more
Reginald Culpepper • 104,286 Views • August 8th, 2016 |
