The fallout was that the conservative nonprofit group, the Marble Freedom Trust headed by Leonard Leo of the Federalist Society, got $1.6 billion to spend. Seid managed to give away his family fortune without having to pay taxes on the transfer.
You see, had Chouinard sold the company, he would have paid taxes on its increase in value, and thus he would have had less to give to the group he now controls. The piece on Chouinard attempts to concoct a distinction: “Mr. Seid took a different approach in giving 100 percent of his electronics company to a nonprofit organization, reaping an enormous personal tax windfall as he made a $1.6 billion gift to fund conservative causes, including efforts to stop action on climate change.”
If you’re a liberal, you might see another difference here:"The Federalist Society is bad, and fighting climate change is good."
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