> why the ultra rich, once they've cashed out, create foundations that hand out grants? Not qualified to say whether this is exactly the case here, but I think

> why the ultra rich, once they've cashed out, create foundations that hand out grants? Not qualified to say whether this is exactly the case here, but I think this video about charities/funds as power-wielding vehicles bears some relevance: https://m.youtube.com/watch?v=0Cu6EbELZ6I https://m.youtube.com/watch?v=0Cu6EbELZ6I Disclaimer: not a big fan of the delivery style in the video.