factual
Philanthropy Shifting From Foundations to LLCs
Wealthy people increasingly conduct philanthropy through LLCs (Emerson Collective, Chan-Zuckerberg Initiative) and donor-advised funds rather than traditional 501(c)(3) foundations, because LLCs offer far more flexibility—allowing them to fund companies, individuals, and nonprofits rather than only other nonprofits.
factualpending
Speaker
Nadia AsparouhovaEvidence Quote
“we've seen that move towards people using LLCs instead of 501(c)(3) because it just gives you a lot more flexibility in the kinds of things you can fund.”
Source
Nadia Asparouhova — Tech elites, democracy, open source, & philanthropy— Dwarkesh Patel PodcastCreated: 6/13/2026, 3:27:33 AM
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