Democratic Socialists awarded $5.2M in inheritance dispute despite family's objections

The Democratic Socialists of America just won $5.2 million in an inheritance dispute, according to a new legal filing, handing the organization a major financial boost as it seeks to expand its influence within the Democratic Party.The $5.2 million award is serious money for the Democratic Socialists of America, amounting to nearly an entire year of revenue for the organization, according to its tax filings.For a little over a year, the Democratic Socialists of America had been embroiled in a legal dispute over the will of New York University professor David Greenberg, who died in July 2024. Greenberg stipulated in his will that the contents of his New York University retirement account should be transferred to the New American Movement, a now-defunct left-wing activist group, or "any successor thereof" upon his death.The New American Movement merged with the Democratic Socialist Organizing Committee to form the Democratic Socialists of America in 1982, according to contemporary coverage in left-wing media outlets.
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The Democratic Socialists of America won $5.2 million in a court case about an inheritance. The money came from the will of a New York University professor who died in July 2024. The family of the professor objected, but the court awarded the funds to the organization. This amount is almost equal to the group's yearly income.
Why it matters
This large sum gives the Democratic Socialists of America more money to support its activities and influence within the Democratic Party. It shows how legal battles over estates can affect political groups.
- Who received the $5.2 million?
- The Democratic Socialists of America received the money.
- Who was the original owner of the money?
- The money came from the will of NYU professor David Greenberg.
- Why did the family object?
- The family disagreed with giving the inheritance to the organization.
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Democratic Socialists awarded $5.2M in inheritance dispute despite family's objections
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