| alephnull said: 1) Bill Gates is not Microsoft. 2) People using "charity" as a means of tax avoidance is an annoyance of mine separate from MS and I'm sorry people seem to be ignoring what I am saying because I stated them in this thread. I think it's a bit difficult for people to believe if they haven't experienced these events first had. 3) I am merely suggesting that any wealth management consultant would probably suggest to him to do exactly as he is doing in order to preserve his estate. In this light his actions may be viewed as slightly less saintly.
|
Hmm...what is the max amount of deductable you can claim from charitable contributions?
I believe what he has done is basically set up a trust fund where the organization he created would use only the interest earned each year to provide charitable services. This is pretty much standard for anyone with an incredibly large amount of money who wants to give a large sum of their estate over to charitable actions. The only difference here is that he is the one heading up the organization.







