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What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. The Searle Freedom Trust, a foundation funded by the company’s former chairman, has doled out more than $200 million in grants over the last decade, sending more money to conservative non-profits than nearly any other private foundation in recent years, according to a 【 - Free Investment Group 】 analysis.

What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. This year, the Searle trust is poised to play an even bigger role as it empties out its coffers. Following the wishes of its founder, the late Daniel C. Searle, the trust is closing down in 2025 and planning to award most of its last major grants in 2024. That means a potential windfall during a key election year for groups that push conservative policies: as of the beginning of 2023, according to its most recent tax return, the trust had more than $59 million left to spend.

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What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Researchers who study political non-profits say that the Searle trust has had a major impact, even as the Searle family has stayed under the radar compared to more well-known conservative benefactors. And the trust’s influence is a key snapshot of how industrialists who amassed generational wealth can use it to shape political debates even long after their deaths.

“The fact that our political system works in a way where wealthy people who died years ago can continue to have such profound influence over our politics and our beliefs about science and the world is just incredibly damaging,” said Galen Hall, a University of Michigan researcher who’sstudiedthe flow of money from foundations like the Searle trust to climate change denial groups. “It’s one of the key aspects of American politics that makes positive change on issues like climate change so difficult.”

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One thing that sets the Searle trust apart from many other foundations started by conservative donors, experts said, is how the bulk of its money goes to groups working to shape public policy, instead of a mix of policy, cultural, and charitable causes.

“For a while, I had done the standard philanthropy stuff – the alma mater, the community fund, the art institute. All of those are nice things, but I wanted to do something different,” Searle told a National Review reporter ina 2006 interview. “I began to wonder: What if we could change the slope of the curve that leads to more loss of freedom?”

Over the last 25 years, the Searle trust has supported a roster of groups that have built the intellectual backbone of the conservative policy movement – and helped put right-leaning policies into action.

What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The Searle trust is one of the most prolific funders of conservative groups among all private foundations, according to a 【 - Free Investment Group 】 analysis of non-profit tax data. From 2020 through 2022, it has given a total of more than $29 million to a selection of conservative non-profits identified by 【 - Free Investment Group 】. Only one other private foundation, the Sarah Scaife Foundation, reported giving more to the groups over the same time period, based on data from hundreds of thousands of public tax filings. The analysis only included publicly reported donations, so it may be missing some foundations that donated through donor-advised funds, which help conceal the path of their money.

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But the Searle fortune doesn’t just go to producing policy white papers: Some of the biggest recipients are more actively pushing to change policy, instead of just researching it.

What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The Searle trust has given nearly $4 million over the last decade to the Foundation for Government Accountability, which has worked behind the scenes to push conservative policies in state capitals. The group has advocated forstricter voting laws, including assisting Missouri lawmakers in writing a bill that enacted photo identification requirements and banned ballot drop boxes. It has also pushed toloosen child labor protectionsaround the US, drafting laws that critics argue could make it easier for kids to be hired to work dangerous jobs.

What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. Another of the Searle trust’s top beneficiaries is the State Policy Network, which has received nearly $9 million – in addition to other funds that went to individual organizations that partner with the network in various states. Around the country, SPN has worked to coordinate efforts to push for smaller government, includingfighting Covid-19 restrictionsduring the pandemic, as well asredirecting fundsfor public schools to private education. Searle was the network’s second-largest individual donor in2020and third-largest in2019, tax forms show.

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What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. The trust has also given more than $2.75 million to the American Legislative Exchange Council, which over the years haswritten cookie-cutter model legislationthat has inspired conservative bills around the US – including laws thatexpanded the useof private prisons, restricted the ability of state pension funds toconsider environmental riskswhen making investments, andlimited local governments’ abilityto restrict firearms.

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What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. Several significant Supreme Court decisions that pushed the US to the right in recent years can be traced back to Searle beneficiaries. Last year’s decision banning affirmative action in higher education admissions, for example, came from a lawsuit filed by Students for Fair Admissions, a non-profit that brought a series of lawsuits against colleges over the last decade. The Searle trust has given the group and an associated group, Project on Fair Representation, a total of more than $2.5 million, and was one of SFFA’s top funders in the mid-2010s.

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“These organizations conduct ‘research’ that is designed to sow doubt about either the reality or the danger of the climate crisis, or about the viability of any of the most feasible solutions,” Hall said. “It provides the building blocks for a narrative that can be picked up by other conservative groups and ultimately by media organizations or politicians.”

Officials with the CO2 Coalition, for example, havebriefed lawmakersand testified in recent years before Congress and statelegislaturesthat, as executive director Caleb Rossiterput itin 2019, global warming this century will be “more beneficial than harmful for humanity” – an opinion in direct conflict with virtually all serious climate scientists. Members of Congress haveused some of the group’s talking pointsin opposing climate policies.

It provides the building blocks for a narrative that can be picked up by other conservative groups and ultimately by media organizations or politicians.”

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In recent years, as Trump has worked to remake the Republican Party in his image, the Searle trust appears to have built connections with the conservative movement’s MAGA wing. It’s made large contributions to the America First Policy Institute, a group stacked with former Trump administration officials that is seen aslaying the groundworkfor a potential second Trump term.

But at the same time, it has also continued giving to bastions of more traditional conservatism, such as a $100,000 donation to the Advancing American Freedom Foundation, a groupassociatedwith former Vice President Mike Pence.

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Unlike many non-profit founders, Searle never intended for his trust to stick around forever. Instead, he wrote into itsfounding documentsa requirement that it shut down on Dec. 31, 2025. In the mission statement that Searle wrote when founding the group in 1998, he said the trust would “spend itself out of existence” in order to ensure it didn’t drift to the left after his death.

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“With a decent financial advisor, a large foundation could exist almost into perpetuity,” Fischer said. “The sunsetting of a foundation is one way for the source of those funds to ensure that their wealth does not ultimately go to support causes they may disagree with.”

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“While the Foundation’s work will respect all cultures and religions, I believe the values embodied in the Judeo-Christian culture are those that are best capable of sustaining a just and prosperous society,” Searle declared.

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“I often say our Searle board meetings are more like séances,” Dennis said in a 2021interviewwith Philanthropy Roundtable. “We’re always asking what Dan would have done.”

What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. The Searle trust’s endowment stems from the G.D. Searle pharmaceutical company, which wasfoundedin Omaha in 1888 by Gideon Daniel Searle, the great-grandfather of Daniel Searle. Over the years, Gideon and his descendants built the company from a small chain of midwestern drug stores to a research giant that developed or sold a long list of household-name drugs and supplements, from Metamucil to Dramamine to Ambien.

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But then-CEO Jack Searle, Daniel Searle’s father, saw an opportunity, and the company quietly partnered with a group of researchers studying birth control, including biologist Gregory Pincus and doctor John Rock. Pincus used Searle’s compound to develop a reliable birth control pill – including throughcontroversial human testingon women in impoverished Puerto Rican neighborhoods.

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“It really was a game-changer for women and for women’s opportunities,” said Margaret Marsh, a Rutgers University gender historian who’s studied the history of the pill’s development.

Enovid became Searle’sbest-selling productand a huge contributor to the company’s success. Between 1960 and 1964, its profits more than tripled, largely because of the pill, according to a 【 - Free Investment Group 】 review of the company’s annual reports.

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In the 1990s, researchers recommended misoprostol’s use alongside another drug, mifepristone, in medicated abortions. Now, the two-drug regimen is the mostcommonly usedmedicated abortion procedure, and misoprostol is also used alone to induce abortion in some cases. Later this year, the Supreme Court isset to hear argumentsin a case that could increase restrictions on mifepristone, potentially making misoprostoleven more crucialto abortion rights advocates.

What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. The Searle company never promoted the use of misoprostol for abortions or registered its drug for that purpose before its patent ran out. In 2000, shortly before the FDA approved the two-drug abortion regimen, Searle – which was by then a subsidiary of Pfizer – wrote a letter to doctors warning them against administering the drug to pregnant women, which some doctorsarguedwas improper “fearmongering.”

Daniel Searle took over as the Searle CEO in 1970 and moved on to the role of chairman after recruiting former Defense Secretary Donald Rumsfeld to lead the company. It reached even larger profits afterdevelopingthe artificial sweetener aspartame, which is used in Diet Coke and many other products. Monsantoboughtthe company in 1985 for $2.7 billion, which helped push the Searles onto thelistof the richest families in America, and it was later sold to Pfizer.

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“The Searle family made a lot of money off of the birth control pill,” said Kristen Batstone, the policy manager for the National Women’s Health Network, an advocacy group. “It’s ironic that the money they profited off of women is now being used to fund conservative initiatives and organizations that are very much against women’s reproductive health.”

What is causing the price volatility of Rainbow Foundations Limited (531694) ✌️【Earnings Growth】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. To assess foundation donations to conservative non-profits, 【 - Free Investment Group 】 assembled a list of nearly 200 of the most prominent non-profits that have advocated for conservative policies or causes, based on news reports and the groups’ websites. Then, 【 - Free Investment Group 】 analyzed data from hundreds of thousands of non-profit tax filings to identify theprivate foundationsthat reported giving those groups the most money in recent years. The Searle Freedom Trust was the second largest donor, reporting donations of more than $29 million to groups on the list between 2020 and 2022.

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