Top 20 Private Foundations In America - Part I
Private foundations, given their charitable orientation, are not often publicly praised for being savvy investors. However, these firms control vast fortunes that are strategically deployed to enact social influence over a long duration -- often in perpetuity. In part one of Top 20 Private Foundations In America, Trusted Insight profiles ten prominent multi-billion-dollar charitable organizations established by the founders of America’s largest and oldest companies of the modern age, such as Microsoft, Intel, Hewlett and Packard, and Ford Motor Company. Here’s what they do and how they manage their money.
UK HF Divorce Could Lead to Split of One of the Largest Global Charities
Jamie Cooper-Hohn, the estranged wife of billionaire hedge fund manager Chris Hohn, leaves the High Court after a divorce hearing, in central London in this October 10, 2014 file photo....
Civil Case Against Founder of SAC Capital is Once Again Delayed
Since these guys may be writing off their contributions to WiCFG as charity (and therefore tax exempt) , it looks like the taxpayers are donating to Walker's campaigns....
Ways and Means to vote on extending deduction for IRA charitable contributions
The tax-writing committee in the House of Representatives is scheduled to vote later this week on legislation that would make permanent a tax deduction for charitable contributions from individual retirement accounts.
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The Children's Investment Hedge Fund Cuts 12M Shares of Royal Mail
The activist hedge fund ditches 12m shares of Royal Mail, which has soared in
value since its historic flotation in October...
New guidance on investing charity permanent endowments launched
The Charity Commission has today published new regulations and guidance for trustees on adopting a total return approach to the investment of their charity's permanent endowment....
Sir Peter Lampl Fights U.K. Class for More GDP With Open Access - Bloomberg
Peter Lampl is an unlikely class warrior....