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Day And Night Lobbying Wins Kellogg Foundation Exemption
A months long lobbying effort by the Kellogg Foundation of Battle Creek Michigan won a hand tailored exemption in the House tax reform bill allowing it to hold a 50.2 percent stake in Kellogg Co. and eased divestiture rules for foundations. The campaign spanned Congress with Kellogg lobbyists claiming broad access and urging support while other foundations sought similar carve outs. Senate action then widened relief for foundations, shaping how charitable groups manage business holdings and investments in the tax overhaul.
MENTIONED IN THIS ARTICLE
Washington
W. K. Kellogg Foundation
Battle Creek
Mich
Kellogg
James
Dick) Riddell
House
Senate
Comaltos
George
Foundation
Kellogg Co
Hormel Corp
Ways and Means
Kellogg Foundation
Riddell
Fleming
Ways and Means Committee
Arkansas
Louisiana
Texas
Oregon
Wisconsin
Martha Griffiths
Dmich
Wilbur Mills
D-Ark
Mills
Griffiths
New York Stock Exchange
Ford Foundation
Will Keith Kellogg
Richard Fulton
D-Tenn
Benwood Foundation
Benwood
Kellogg’s
Coca- Cola Bottling Co
Thomas
Chattanooga
Holme
Hormel
Ray Ondov
Austin, Minn
Ondov
Senate Finance Committee
Kellogg and
Senate Finance
Carl T. Curtis
R-Neb
Olin Foundation
Federal Cartridge Corp
Minneapolis, Minn
el Pomar Foundation
Broadmoor
Colorado Springs
Olc