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To: Kaiser8408a

Its a BS headline. Meaning no more Red State should be posted. The Kellogg Foundation is not the cereal company. Red State fraud.


10 posted on 03/16/2023 6:43:50 PM PDT by Oystir
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To: Oystir

Oh...you’re correct. I should have looked more closely at that...as well as the source. “Red State” has a reputation for this kind of stuff.


15 posted on 03/16/2023 7:46:11 PM PDT by Republican Wildcat
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To: Oystir; Kaiser8408a; Republican Wildcat; CFW

RE: . The Kellogg Foundation is not the cereal company. Red State fraud.

SOURCE: https://www.wkkf.org/who-we-are/overview

Also see here:

https://en.wikipedia.org/wiki/W._K._Kellogg_Foundation

[EXCERPT]

The W. K. Kellogg Foundation was founded in June 1930 as the W. K. Kellogg Child Welfare Foundation by breakfast cereal pioneer Will Keith Kellogg. In 1934, Kellogg donated more than $66 million in Kellogg Company stock and other investments to the W. K. Kellogg Trust (equivalent to $1.06 billion in 2021). As with other endowments, the yearly income from this trust funds the foundation.

In the early 21st century, the foundation is the seventh largest philanthropic foundation in the U.S. In 2005, the foundation reported that the total assets of the foundation and its trust were US$7.3 billion; about US$5.5 billion of this was in Kellogg Company stock.


19 posted on 03/16/2023 8:53:22 PM PDT by SeekAndFind
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To: Oystir

Seems you are an idiot who wants censorship by lying about sources. Typical liberal.

The Kellogg fund is funded by Kellogg products, yet, you lied and claimed otherwise.

Go back to twitter, you liberal twit.


24 posted on 03/17/2023 5:44:20 AM PDT by CodeToad (No Arm up! They have!)
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To: Oystir; SeekAndFind; Republican Wildcat

I also noticed it was the Kellogg Foundation. I wanted to find out who funded them. From what I can find it appears that the Kellogg Foundation is self funded through ownership of Kellogg company stock. Here’s an article that discusses Kellogg ownership https://simplywall.st/stocks/us/food-beverage-tobacco/nyse-k/kellogg/news/with-86-ownership-kellogg-company-nysek-boasts-of-strong-ins the relevant passage. Looking at our data, we can see that the largest shareholder is W.K. Kellogg Foundation, Endowment Fund with 16% of shares outstanding.


26 posted on 03/17/2023 8:38:13 AM PDT by radmanptn
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