To brain dead Americans who think like Nancy Pelosi, i.e. that food stamp programs are THE BEST economic stimulus, here is a flowchart for you:
Bottom line: if you think that Government taking money that came FROM PRODUCERS and giving TO MOOCHERS is going to stimulate the economy, you are wrong. There may be some short term bubbles, but it is NOT how you develop a strong, sustaining economy!!!
Secondly, if you are a smart money person and have the availability to start a Private Foundation, there are SO MANY tax advantages to doing this.
Private Family Foundations
Is it any wonder why so many of the top tier wealthy and politicians have buried so much money into Foudations? Not to me.