“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,” the Wall Street Journal reports.
“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.
”Politico: GOP considers slapping big taxes on Gates Foundation and others.