Donald A. Pels Charitable Trust

Donald A. Pels Charitable Trust

Donald A. Pels established the trust in 1992 after serving two decades as chairman and CEO of LIN Broadcasting. Wendy Keys, his wife, and Valerie Anne Pels, his daughter, act as co-trustees. The foundation operates as a 501(c)(3) grantmaker focused on United States recipients. Asset allocation reported in tax filings shows exposure to public equities valued at $132 million, corporate bonds at $15 million and government obligations at $20 million. The trust maintains limited partnership commitments to HarbourVest Partners, Brown Brothers Harriman Capital Partners and Tybourne Capital Management. Grant activity has included $10 million to Rockefeller University, $4 million to Lehman College and $2.25 million to Planned Parenthood. Service providers include PKF O'Connor Davies for accounting since 2017, Brown Brothers Harriman & Co. as investment advisor since 2019 and Fiduciary Trust Company International as custodian since 2018. Donald A. Pels previously served on boards of the New York Philharmonic, Rockefeller University and Aaron Diamond AIDS Research Center. moat_notes: Thin coverage; limited public data on current investment activity or recent events.