10-05-2025
- Business
- Wall Street Journal
America's Richest Foundations Team Up Against Feared Trump Assault
Some of America's wealthiest and most powerful private foundations are informally banding together to protect their tax-exempt status from any potential attempt to revoke it by the Trump administration.
Grantmakers across the political spectrum, including the Ford Foundation, the Gates Foundation and the Charles Koch Foundation, are discussing possible ways to respond should the administration make such an attempt, said people involved in the effort. Many of the foundations have discussed whether to seek legal representation as a class or individually should their tax status come under fire.
