Have you done well enough that you are thinking of making a substantial gift to charity? For those seeking philanthropic flexibility and high impact, the vehicle of choice has almost always been to create a private foundation.
It was way back in 1992, when James Carville, then an advisor to then candidate President Clinton in his first campaign, coined the famous phrase, “It’s the Economy Stupid!” The premise then was that no matter what else the voters were talking about, in the end it was really the “economy” they cared about most, and that would dictate their votes.