January 10, 2008

'Portfolio': Wall Street's Most-Generous Donors

The 100 largest foundations set up by people in the financial-services industry — including hedge funds, investment banks, and private-equity firms — hold $6.3-billion in assets, says Portfolio magazine (January), which based its estimate on the informational tax returns filed by the grant makers. It said the 50 biggest of those foundations donated nearly $10-million apiece in the most recent year for which a tax form was available.

Hedge-fund financiers

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