>>> I wonder exactly what charities will receive these funds.
If you read the fine print, I suspect most of this “charity” will be in the form of funding new versions of institutions like the Ford Foundation.
They money is protected from most taxation, they get enormous personal and estate deductions, and the funds are administered by their highly paid nominees (such as grandchildren) to pay out only small portions of the income of the trust. The trust itself growing over time.
The Ford Foundation is a VERY leftist organization. I wouldn’t give them a dime. Many of these types of organizations are not exactly what they seem. They fund some absolutely atrocious concerns that would make your blood boil of you knew about it.
It’s been some time since I’ve seen the exact concerns, or I’d give you some examples, but I was aghast as some of the things I have seen them fund.