We have a number of entities we can use to provide funding, and which we use depends on the exact circumstances. It could be our non-profit entity FTX Foundation Inc or it could be a DAF of one of our board members or it could be something else if it’s a for-profit investment. We will work with people we support to find the best way for them to receive the funding.
Thanks very much Nick. Is it possible to name one of the organisations providing the DAF? (e.g. is it National Philanthropic Trust, or Charities Aid Foundation, or whatever). Ideally if there’s one in the UK, it would be great to name them, but failing that if you could provide the name of any of them off the top of your head, that would be great.
We have a number of entities we can use to provide funding, and which we use depends on the exact circumstances. It could be our non-profit entity FTX Foundation Inc or it could be a DAF of one of our board members or it could be something else if it’s a for-profit investment. We will work with people we support to find the best way for them to receive the funding.
Thanks very much Nick. Is it possible to name one of the organisations providing the DAF? (e.g. is it National Philanthropic Trust, or Charities Aid Foundation, or whatever). Ideally if there’s one in the UK, it would be great to name them, but failing that if you could provide the name of any of them off the top of your head, that would be great.