Longtime ACLU Donor Confirms $388-Million in Anonymous Gifts

December 11, 2009, Chronicle of Philanthropy - David Gelbaum, a former hedge-fund manager who has made large donations anonymously, confirmed that over the past five years he has given a total of nearly $388-million to three organizations.

The disclosure came after Mr. Gelbaum was named in a New York Times story that cited unnamed board members of the American Civil Liberties Union, one of the recipient groups, as its source.