Please do not leave this page until complete. This can take a few moments.
Nine nonprofits in Massachusetts, including five in Central Massachusetts, received an undisclosed amount of charitable donations from the LIV Golf tour event held at The International in Bolton over Labor Day weekend. The LIV tour has become controversial because it is challenging the PGA Tour business model and because its primary backer is the Public Investment Fund from the Saudi Arabian ruling royal family, which has been tied to human rights abuses. The Saudi fund is also an investor in much less controversial enterprises, including businesses like Google, Starbucks, Microsoft, JP Morgan Chase, and Amazon, which is a sponsor of PGA Tour events.
Nine nonprofits in Massachusetts, including five in Central Massachusetts, received an undisclosed amount of charitable donations from the LIV Golf tour event held at The International in Bolton over Labor Day weekend. The LIV tour has become controversial because it is challenging the PGA Tour business model and because its primary backer is the Public Investment Fund from the Saudi Arabian ruling royal family, which has been tied to human rights abuses. The Saudi fund is also an investor in much less controversial enterprises, including businesses like Google, Starbucks, Microsoft, JP Morgan Chase, and Amazon, which is a sponsor of PGA Tour events.
Although I think that nonprofits should only take money from organizations that align with their values, I see absolutely no problem whatsoever with taking money from the Saudis.
If profitable businesses had to not profit from their money I would agree but why would a non profit who helps those in need be held to a higher standard?
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
Merrill L Cohen
The US imports 5-6 % of its oil from Saudis and is looking for more. No problem there.