My question is this: At some point I will inherit a lot of money, somewhere between 5 and 10 million dollars in todays money. My aim is to give it away. A few years ago I was made aware that it is unusual for charities to "grow" their money, since risking donor money is frowned upon, leaving charitable organizations with a large competitive disadvantage compared to other companies. This has always seemed silly to me, so what I would really like to do is something like make a trust (index)fund where something like 3 percent of the money was paid to EA per year. But I dont really know much about this stuff, I was wondering if someone here knows more about it. Is this smart? Are there funds out there already that are iron-clad? What is the best way to set up something like this? A trust fund?
If you like, I talk with lots of folks on technical aspects of giving, particularly as it also relates to balancing practical considerations like retirement. Feel free to message me.
You can also check out a number of essays I've written on this topic: https://www.aaronhamlin.com/articles/#philanthropy