Marc Pollick runs the Giving Back Fund, an umbrella nonprofit that manages foundations of athletes, entertainers and others. Pollick’s pitch is simple: quick startup, low overhead and no scandal. And he guarantees noncharitable overhead will be no higher than 5% for the minimum donation of $250,000, down to 1% for a $5 million gift.
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interesting idea, especially when you consider there are (I think) over 6500 non-profits out there.