Ian FrischJul 27, 2026 – 2.20pmAs a series of blockbuster IPOs mint a new crop of the ultrawealthy, non-profits are scrambling to figure out how they can share in the bonanza.University fundraising departments are making lists of potential white whales, and philanthropy executives are doing napkin maths to prepare for a once-in-a-generation windfall that could create hundreds of billions of dollars in new donations.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Mega-IPOs are minting new millionaires. Philanthropies want a cut
As start-ups like Anthropic and OpenAI prepare to go public, non-profits are hoping for a secondary giving windfall from the new tech ultrawealthy.
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