Gates Fund to Sell Most Berkshire Hathaway Stock by 2020: A regulatory filing by the Bill & Melinda Gates Foundation details plans to sell 60 million shares — worth about $9.6 billion at current prices — over the next three years to fund its health and education programs, reports Bloomberg. The grant maker, a chief beneficiary of Berkshire head Warren Buffett’s giving, holds more than 68 million shares in the investment firm.
Lilly Endowment Grants $100 Million to Indianapolis Human-Service Groups: Fifteen charities serving the homeless, the hungry, and other vulnerable populations will get $5 million to $10 million each from the foundation, the Indianapolis Star writes. Much of the money will go toward establishing or strengthening endowments for the nonprofits.
Trump Backer and Museum Trustee Has Given Millions to Climate Skeptics: Rebekah Mercer, an American Museum of Natural History board member and adviser on the president-elect’s transition, has donated through her family foundation to groups like the Heartland Institute that dispute the scientific consensus on global warming, writes The New York Times.
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