The Puget Sound Business Journal’s Clay Holtzman reports that the Gates Foundation made its largest ever donation to a media organization, the BBC, in December but didn’t publicize the $19.9 million grant.
As Clay reports, there has been a lot of media attention given lately to the Seattle philanthropy’s funding of media — most recently a comprehensive review of the potential conflicts-of-interest inherent in this practice by the Seattle Times. Clay notes:
When the Seattle Times published a lengthy profile of the Gates Foundation’s grants to professional journalists on Feb. 19, the foundation apparently never disclosed that it had already approved its largest award ever to a media organization.
I’ve written plenty about the Gates Foundation’s support for media, about the potential for good as well as the potential problems given that the philanthropy often IS the story when it comes to global health and development.