It's actually worse than that. The rich and the children of the rich get to manage the foundations. They draw nice salaries. The keep the Marxists at bay by paying out tribute from the trust funds in the form of left wing causes, really more salaries for the Marxist elite. The rich get to KEEP the basis under their control from which they use to earn money and keep their perpetual fat salaries. In essence the rich keep their money without paying estate taxes. Look at who holds the reins of the foundations and the national banks. Then go find a toilet to heave.
Also, bear in mind this is done at your expense. Ever wonder why we don't manufacture any more? It doesn't cost a parent any money to educate their kids for blue collar jobs. We are pressured to mortgage our houses for college tuition to educate our children for the service economy. This puts more capital into the economy from which the rich profit. Our kids would make more money from skilled blue collar jobs and the country would be better off with a workforce that can make things as well as manage things.
I believe that the Ford Foundation has been "liberated" from the Ford family.