By: Nathan Rock Introduction Over the span of four years, Google co-founder Larry Page donated more than $400 million from his private foundation to charity. While this might seem incredibly generous, it was discovered that “none of [the] $400 million . . . was actually going directly to charities.”[1] Instead, Page’s foundation was directing the money into a charitable-giving fund, called a donor-advised fund (DAF), where … Continue reading Philanthropy’s $141 Billion Problem