Some of the biggest US foundations held concentrated positions that have plunged even more than the stock market, at a time when nonprofits are concerned giving will slow.
The next generation of wealthy families is confronting a variety of challenges ahead of inheriting large fortunes, according to a report.
It is important to understand the potential hazards of endowment gifts and consider options to mitigate them before funding one.
Kenneth Griffin claims the agency violated his right to privacy.