Liberal donors and nonprofit groups are increasingly anxious about potential actions by the Trump administration that could target their financial stability and tax-exempt statuses. This concern intensified following reports that the administration is considering revoking Harvard's tax-exempt status as retaliation for the university's stance against certain demands. This incident has prompted fears among progressive donors that similar actions could extend to other nonprofit organizations. As a result, some are trying to distance themselves from politically provocative stances to avoid scrutiny.
The close-knit world of liberal donors and the nonprofit groups they support has spent the last week in a state of fear and anxiety, worried that any day now, President Trump could go after their assets or their tax-exempt status.
... a president dead-set on retribution would go after them in personal ways. And so while some of these donors have cozied up to the Trump administration, more of them have worked diligently to lie low.
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