Ben Bronz Foundation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Updated at 12:21 p.m. ET Scores of private charitable foundations, set up by some of the nation's wealthiest people, received money from the federal government's Paycheck Protection Program, which was created last spring to save jobs at small businesses as the coronavirus tanked the economy. NPR has identified at least 120 foundations that collectively received more than $7.5 million in PPP funding. That's a small slice of the overall program, which disbursed about a half-trillion dollars, but some of the foundations are linked to individuals of considerable means: an oil magnate, a cable tel...

Koenig Private Foundation ($150,521) Letters Foundation AKA Sunshine Lady Humanitarian Grants Program ($268,800) Mission Increase Foundation ($277,320) Niswonger Foundation ($200,529) Peter and Elizabeth C. Tower Foundation ($154,800) Piedmont Triad Charitable Foundation ($150,900) Richard Diebenkorn Foundation ($157,380) Robert Mapplethorpe Foundation ($103,200) Walt Disney Family Foundation ($146,700) Willard G. Pierce and Jessie M. Pierce Foundation ($156,400) Some of the foundations contacted by NPR said the stock market plunge early this year caused their investment portfolios to decline...