owned by Nest*. the LLC would be reneger-managed and 8IAGF weld serve as me reneger. The LLC would hod at finds dcoared to Nese° that are alocated to BIAGF sibs. NesCo hcids. invests. &buses. reparts cn. and Menne admnsters donor advised funds. LLC roll. invests. &stones. reports on. and Mune admonishe

here Is just one other scenario which represents less control by the foundation, yet still consistent with the assumptions we have been discussing: BIAGF creates new 1Vashigion slate ronproft corporation too:pally as a pink chanty ooh the IRS (NnCop: NewCo would have an ndependent board of dreads (or o

n stele nonproft corporation to wady as a pt06c chanty wth Me IRS eNnCol: NewCo would have an independent board oft:Hectors (or could Moo a mincay of BIAGF board members). M a public dere), NeaCo cat sponsor DAFs. NewCo creates new Muted liabrity company subsolery. Though algdy-owned by Nedito. me LLC

disbusement and menageren cl fi.n% to, select lOurrW iet St'alehtS reu, 'staa) New Membersnm Public Chanty BAIGF or BAY and MOM& ControliMg &obers BIAGF creatie nes Wasnnglon state nonproft comorabon to cpalfy as a Øc dianty wiet ha IRS [Nena) M a subic tranly. NewCo can sponsor DAFs learaCo has boa