Is Wall Street Taking Over Charity?

For the first time in a quarter of a century, The Chronicle of Philanthropy’s annual ranking of the nation’s top-grossing charities places a financial-sector “donor-advised fund” at the top of the list.

by

The American Prospect is nonprofit, reader-funded journalism—and we need your help.

Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.

Here’s how you can help:
Donate to power fearless reporting
Subscribe to get our print magazine 6x/year. 

Every dollar funds our in-depth reporting. 


Donate Now. Subscribe here.