Wealthy interests in Ohio and America entrench power in the name of philanthropy, report says

By: Marty Schladen

Outlets: Ohio Capital Journal

Published: September 24, 2026

Words: 1,171

Last Updated: 2 weeks, 3 days ago


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Wealthy interests are socking a growing amount of money into tax-subsidized philanthropic accounts. Meanwhile, many of the wealthiest foundations are barely paying out the minimum required amount to charities whose needs are exploding, a new report says.

At the same time, many billionaire contributors are doing little to oppose laws that shred the social safety net, it said. Nor are many speaking out against attacks on democracy, it added.

But some charitable …

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