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Putting It Mildly: Estate via 501(c)(4)
Newmark placed all of his Craigslist ownership into a 501(c)(4) nonprofit foundation, so that all dividends and equity sales flow into it — a 'septagenarian fund' he set up at age 70, made around the same time the Patagonia founder announced a similar move.
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Speaker
Craig NewmarkEvidence Quote
“I’ve put all of my Craigslist ownership into a nonprofit foundation, a 501(c)(4). All dividends, all sales of equity go in there.”
Created: 6/13/2026, 3:33:55 AM
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