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What a nasty corporation scientology is.
How Humira, the world’s best selling drug, is helping to finance Scientology into the future
http://tonyortega.org/2017/07/11/ho...lping-to-finance-scientology-into-the-future/
How Humira, the world’s best selling drug, is helping to finance Scientology into the future
So, on the last week of 2015, Duggan moved 1 million of his AbbVie shares, worth about $59 million, into his Foundation, and estimated conservatively that its annual investment income from that seed money would produce about $2.9 million in annual “distributable income.”
With only a week left in the tax year, the Duggans didn’t have time to distribute any of that money. But they made it clear who would be eligible to receive it in the form of charitable grants:
“The Foundation restricts its contributions to 501(C) organizations that are churches of Scientology and affiliates social betterment organizations,” the document states.
...
With their Foundation, the Duggans have set aside pharmaceutical stock so that it may reliably generate around $3 million every year for the church, without doing anything at all.
http://tonyortega.org/2017/07/11/ho...lping-to-finance-scientology-into-the-future/