[BostonCard]

Question for smarter people than me.  If I were a billionaire (I wish, but please indulge me) and I wanted to make a lasting donation to Stanford but didn’t want my donation to get taxed, could I just establish the “Boston Card Family Foundation to Support Stanford” and donate money to that foundation, whose annual payout goes to support Stanford football expenses.  It is essentially an endowment, but it is operated by the non-profit foundation and thus not officially part of the endowment.

Is that a thing?

BC

[BostonCard]

Question for smarter people than me.  If I were a billionaire (I wish, but please indulge me) and I wanted to make a lasting donation to Stanford but didn’t want my donation to get taxed, could I just establish the “Boston Card Family Foundation to Support Stanford” and donate money to that foundation, whose annual payout goes to support Stanford football expenses.  It is essentially an endowment, but it is operated by the non-profit foundation and thus not officially part of the endowment.

Is that a thing?

BC