Kodak Insider Makes Well-Timed Stock Gift of $116 Million to Religious Charity He Started - News Summed Up

Kodak Insider Makes Well-Timed Stock Gift of $116 Million to Religious Charity He Started


Eastman Kodak Co.’s wild stock-market ride produced what might be the biggest contribution on record to a religious nonprofit, the product of a well-timed gift by Kodak board member George Karfunkel. In a securities filing last week, Mr. Karfunkel and his wife, Renee Karfunkel, said they donated 3 million of their 6.3 million Kodak shares to Congregation Chemdas Yisroel in Brooklyn, N.Y.


Source: Wall Street Journal August 11, 2020 14:03 UTC



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