In one of the more squirrel-brained pieces of legislation to emerge from Lansing, two state lawmakers are offering a bill to force foundations legally incorporated in Michigan to disburse half of their charitable donations within the state.
Their target is the Ford Foundation, which was founded by the Ford family in Michigan in 1936, but long ago abandoned the state.
The Ford Foundation's focus is now social engineering in the Third World. So it's not surprising that the foundation, now based in New York but still chartered in Michigan, doesn't have much interest in its old home state.
The bill introduced by Republican Bill Huizenga, and Democrat Andy Dillon is bone-headed. Foundations can give money wherever they please. Lawmakers have no business dictating their operations.
[Excerpt from Detroit News editorial]
No comments:
Post a Comment