This $4 million gift isn’t the biggest we’ve seen lately, but it’s a reminder of two important points: Energy companies are loaded right now, and the motives for healthcare giving are very personal.
This $4 million gift isn’t the biggest we’ve seen lately, but it’s a reminder of two important points: Energy companies are loaded right now, and the motives for healthcare giving are very personal.
Reblogged this on Therapy with Kiersten Marek, LICSW.
It is a good thing that energy companies are also charitable donors. Of course, the reality is that Apple is actually the largest maker of corporate profit and the world’s most affluent company, a good deal larger than BP or Exxon combined. Apple profits, in some ways are at least partially earned by using cheap foreign labor for manufacturing. The American energy industry is mostly American through and through on our shores. Warren Buffett of course is perhaps the 2nd or 3rd richest man in the world, closely matched by Bill Gates and others. These folks are far more wealthy as individual accumulators of wealth than most entire energy companies. The beating that the energy industry gets for making a profit, far less than Apple, is one of the clumps of misinformation that compromises rational discussion.