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Old December 29, 2000, 10:04 AM
Dien Rice
 
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Default Re: Dien, Don't Wait. Start Your Charitable Foundation Right Now...

> Don't wait.
> Start them right now.
> This was a piece of advice I recieved from a
> wise teacher of mine...

Hi Simon,

You certainly could start the foundations now, even if it wasn't the whole thing. The foundations of the foundation. :)

Thanks for the advice.... :)

What I had in mind was something like the Buffett Foundation (set up by Warren Buffett). That is, a charity which invests some of its wealth in stocks.... The profits are then distributed to help people or benefit humanity in some way.

What I like about this is that it could in principle continue to distribute aid after you pass away.... I like the idea of continuing to help people after you have gone....

- Dien