The fascinating article cited below explains why Mark Zuckerberg and his wife set up an LLC rather than, say, a foundation, as the vehicle for the multi-billion dollar charitable activities they intend to fund and conduct.
70 Fla. L. Rev. 921
Florida Law Review
Dana Brakman Reiser
Copyright © 2018 by the Florida Law Review; Dana Brakman Reiser
DISRUPTIVE PHILANTHROPY: CHAN-ZUCKERBERG, THE LIMITED LIABILITY COMPANY, AND THE MILLIONAIRE NEXT DOOR