Nonprofits Likely to Receive $700 Million From Rockefeller Estate

Nonprofits Likely to Receive $700 Million From Rockefeller Estate

Nonprofits are likely to receive as much as $700 million from the estate of David Rockefeller, Sr., the former chair and CEO of Chase Manhattan Bank and renowned philanthropist, once his assets have been liquidated, Forbes reports.

A signatory to the Giving Pledge, Rockefeller, who died on March 20 at the age of 101, had planned to give the bulk of his wealth to charity upon his death...