The founders of the Pillars Fund seek to strengthen a network of Muslim support groups while countering negative perceptions and stereotypes. Source: NYT > Business – Paul Sullivan
Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts
Anti-money laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and his son-in-law. Bank managers said no. Source: NYT > Business – DAVID ENRICH
Wealth Matters: Is an Opportunity Zone the Right Investment for You?
Offering the chance of outsize returns on the back of a huge tax break, opportunity zones are attractive to investors. But there is a catch. Source: NYT > Business – PAUL SULLIVAN
Wealth Matters: How Loopholes Help Trump and Other Real Estate Moguls Avoid Taxes
The ability to deduct business losses against income tax is common. But there are myriad other benefits, all legal, created specifically for commercial real estate. Source: NYT > Business – PAUL SULLIVAN
Wealth Matters: Investing for Social Impact Is Complicated. Here Are 4 Ways to Simplify It.
Many organizations measure the effect of investments meant to spur positive change, but the metrics they use, and their results, vary. Several are trying to make it easier. Source: NYT > Business – PAUL SULLIVAN
Wealth Matters: Notre-Dame Donation Backlash Raises Debate: What’s Worthy of Philanthropy?
Philanthropic experts said they were not shocked by what seemed like an ungrateful response to the money raised to restore the cathedral, but few agreed on a solution. Source: NYT > Business – PAUL SULLIVAN