To: angcat
Around this area I know a few people who have inherited wealth from their parents and they set up a “charitable foundation” in the family's name. Is this to avoid taxes? I know that many professional athletes do this to give jobs to their family and friends. Little or no money goes to anyone other than the salary paid to these friends and family.
ESPN article about this.
30 posted on
06/11/2013 7:58:36 AM PDT by
Straight Vermonter
(Posting from deep behind the Maple Curtain)
To: Straight Vermonter
Jeter does this with his Turn 2 Foundation his sister is the President and CEO.
31 posted on
06/11/2013 9:39:28 AM PDT by
angcat
(DEAR GOD PLEASE MAKE MULCH OUT OF THE EVIL THAT HAS TAKEN OVER OUR COUNTRY!)
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