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Failed California Bank Was Major Donor, Supporter To Newsom Family Nonprofit
[Daily Caller] Silicon Valley Bank (SVB), the California firm that collapsed late last week after a bank run, donated $100,000 to a nonprofit founded by the Jennifer Siebel Newsom, wife of Democratic California Gov. Gavin Newsom, auditors at Open the Books, a nonprofit dedicated to transparency in government spending, discovered.In 2021, SVB contributed $100,000 in a "behested" corporate gift to California Partners Project (CPP), meaning it was given "at the request, suggestion, or solicitation of, or made in cooperation, consultation, coordination or concert with the public official" — in this case, with Newsom himself, filings show. The $100,000 payment was paid in four installments of $25,000, with three of them being described as a "General grant to support gender equity in corporate governance," referring to CPP’s stated mission of promoting "gender equity across the state." (RELATED: Group Founded By Gavin Newsom’s Wife Teaches Kids About Gender Roles With Images From Pornhub) "The Money Shot" Posted by: Besoeker 2023-03-15 |
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