Thanks to 72lions for the kind impulse. My preference has also been to support local charities as well as those with reasonable administrative costs.
However with such low interest rates now and no investment plans for the foundation's monies, it seems the funds might come in and be quickly disbursed, end of story. It would require a significant effort to review applications and have board meetings to review and vet each application, especially if the grants are smaller amounts.
While I admire your generous spirit and desire to help, I think for me the answer will still be to support charities I trust that already have their internal infrastructures in place and with established track records of service. However I'm very open to reconsidering down the line if this becomes a reality.
Last edited by queasy27; 04-12-2020 at 10:27 AM.
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