20 Jul '11, 4pm

The Gates Foundation Invests Millions In Monsanto | Care2 Causes

The Gates Foundation Invests Millions In Monsanto | Care2 Causes

Advocates of sustainable agriculture are shocked by the recent discovery of significant financial connection between the Bill and Melinda Gates Foundation and agribusiness titan Monsanto. In August, a financial website published the Gates Foundation’s investment portfolio, which included recent purchases of 500,000 shares of Monsanto stock estimated to be worth over $23 million. (See the filing with the Securities and Exchange Commission). The most troubling part about this discovery is that it marks a substantial increase from the Foundation’s previous Monsanto holdings, which were valued at just over $360,000 (see the Foundation’s 2008 990 Form ). Petition Against The Gates Foundation Monsanto Investment! “The Foundation’s direct investment in Monsanto is problematic on two primary levels,” said Dr. Phil Bereano, University of Washington Professor Emeritus and recognized...

Full article: http://www.care2.com/causes/gates-invests-millions-in-mon...

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