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Instead of selling, business owner donates company to trust for charity - PBS

PBSAugust 17, 2026
Instead of selling, business owner donates company to trust for charity - PBS
Image: PBS

Last month, Eddie Smith, the owner of Grady-White Boats in Greenville, North Carolina, made waves when he announced that he was pledging nearly all his company's future profits to charity. Instead of selling Grady-White, Smith chose to gift it to a perpetual …

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This story is filed under North Carolina, which has seen 45 stories in the last 30 days — putting it in the top quarter of the 85 territories we currently cover. We hold 1541 finance stories in total, and 17 from PBS.

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