David Rockefeller's Death Increases Foundations' Endowments

Monday, March 27, 2017

David Rockefeller's Death Increases Foundations' Endowments

With the death of David Rockefeller, the fund he created with his siblings in 1940 will be catapulted into philanthropy’s exclusive billion-dollar club.

The Rockefeller Brothers Fund had $829 million in assets as of late January. It made grants totaling $28.9 million last year...

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