Blockbuster I.P.O.s Are Creating New Millionaires. Philanthropies Want a Cut.

As tech start-ups like Anthropic and OpenAI are gearing up for their highly anticipated public offerings, philanthropists and nonprofits are eagerly anticipating a surge in donations from the newly minted millionaires. This influx of wealth could potentially lead to significant contributions to charitable causes, leveraging the tech industry's growing influence and success. It highlights a broader trend where the booming tech sector is increasingly looked to for philanthropy, raising the stakes for nonprofits to secure a piece of the action.