Disney Board Wants To Hide Political Donations, Spending On Sex Changes From Shareholders, Docs Reveal

[Leroy N. Soetoro]

https://dailycaller.com/2024/02/16/walt-disney-company-annual-shareholder-
meeting-vote-transgender-coverage-payment-political-donations/

The Walt Disney Company board wants to hide key financial data from the
public, particularly as it relates to their funding of the transgender
movement and donations to political candidates, documents reviewed by the
Daily Caller reveal.

The 2024 proxy vote ballot for Disney’s annual shareholder meeting,
scheduled for April 2, reveals the board doesn’t want the public, or even
their own shareholders, to know how much Disney spends on “gender
transition compensation and benefits” for its staff. Despite the board’s
suggested vote to shareholders, the National Legal and Policy Center
(NLPC) and National Center for Public Policy Research (NCPPR) are urging
the company to release the data.

In Disney’s 2024 “Notice of Annual Meeting of Shareholders and Proxy
Statement,” Disney details how the NLPC and NCPPR notified the company
that they intend to present proposals focused on these issues. Within the
same document, Disney “affirms” that people who suffer from gender
dysphoria can “transition to a different sex.” However, “an increasing
body of scientific evidence shows no benefits result from such medical
treatments,” the NLPC argues. They go on to cite the European and American
medical community’s “increasing” caution about gender-transition
“therapies.”


“Victims report transition treatments and surgeries are harmful. Examples
include long-lasting or permanent outcomes like chronic pain, sexual
dysfunction, unwanted hair loss or hair gain, menstrual irregularities,
urinary problems, and other complications,” the statement continues.
“Rather than resolve health problems ‘gender affirming’ therapies instead
often exacerbate them. In such instances, those who desire to
‘detransition’ cannot find medical care or insurance coverage, and are
permanently mutilated. Many of these sufferers litigate against those who
misled or harmed them.”

But as transitioners are de-transitioners are protected under “gender
identity” and “sexual orientation” aspects of the Equal Employment
Opportunity Commission (EEOC), they cannot be discriminated against in any
way, resulting in Disney covering transition procedures.

Shareholders have asked the board to issue a report on Disney’s funding of
gender care and related activities by Dec. 31, 2024, and whether there are
any “benefit gaps” related to gender dysphoria, as well as “associated
reputational, competitive, operational and litigative risks.”

Similarly, Disney doesn’t want shareholders to approve the publication of
the company’s charitable and political donations. The board recommends a
vote against “requesting a report on political expenditures” and
“publication of recipients of charitable contributions.”

In their recommendation, NCPPR argued that there are “issues” with
donating to certain groups who support sex-change surgeries, not just for
the potential legal and medical issues listed above, but because is it
“time Disney stop injecting itself into controversial and significant
social policy issues,” the proposal stated.


Disney’s board ignores all the arguments and scientific evidence laid out
by the NCPPR and NLPC in their explanation for why they’re recommending
voting “against” the proposals. “We believe the proposal is an attempt to
generate attention from a proponent with a narrow focus seeking to advance
a limited agenda rather than an authentic attempt to call for action in
the best interest of the Company and shareholders,” Disney wrote in
response to the proposals.

The board also ignored any mention of “gender” in their request for
shareholders to reject the proposal to publicize Disney’s charitable
donation, and instead stated the company is already transparent enough
about their spending. (RELATED: Disney CEO Pledges To Double Down On LGBT
‘Storytelling’ In Animated Kids’ Movies)

“In its opposition statement Disney revealed why our proposal is so
important, and how badly it has failed to fulfill its fiduciary duties.
Disney clearly hasn’t spent a single moment considering how much Iger and
his team have harmed the company by going full-in on politics instead of
running the company for shareholder and even genuine stakeholder benefit.
Iger has hired people like Kathleen Kennedy who hate Disney’s customers
and want to shove their politics down audiences’ throats rather than
entertaining them,” NCPPR director Scott Shepard said in a statement to
the Daily Caller. “Iger seems to think that by adopting a partisan
position he makes it non-partisan and just ‘the right thing to do.’ He is
wrong in this, of course, as he’s wrong in just about every decision he’s
made for many years.”

Disney has found itself increasingly mired in political squabbles in
recent years, most notably with Republican Florida Gov. Ron DeSantis, who
has gone after the megacorporation’s special tax status. Conservatives
have accused Disney of shoehorning progressive messaging into its content
and pursuing a political agenda over putting out quality family content.


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