My wife’s parents have also set-up a foundation with their money and it is distributed by my wife and her siblings. And they as a group decide where the money goes, most of which goes to children’s hospitals, educational institutions and their pet political causes.
good for them ... it is an efficient means of xsfer with a few tax benefits. It is what separates private industry from the public sector ... every thing i do is done in the most efficient way i knw how. Our govt .... seems to never have caught on to that concept.