Yeah, you read that wrong. The charitable trust - Robert Wood Johnson Foundation - didn’t give the Facebook fact-check organization $1.9B. Instead, the Robert Wood Johnson Foundation holds $1.9B in Big Pharma stock. See the difference?
A $1.9B donation would have been one of the biggest charitable donations in the history of charitable donations. That didn’t happen. Instead, this lobbying group gave $53K to the ‘fact-checker.’
FWIW, in addition to being an ENORMOUS health care foundation, the Robert Wood Johnson (Johnson & Johnson co-founder) Foundation is one of the largest contributors to media causes in the country, perhaps the biggest contributor. Whatever city you live in, the local PBS station is likely a recipients of gifts and grants from the Robert Wood Johnson Foundation.
So just a large conflict of interest.
Thanks for the correction