So it&#x27;s not actually a charity after all - it&#x27;s a private LLC that will make &#x27;&#x27;philanthropic&#x27;&#x27; investments which, if well run, could snowball the $45b of Facebook stock into hundreds of billions of dollars of privately owned and controlled wealth.  Will the LLC take equity in projects like a venture capital firm or will it truly gift money away?  (If gifting money, there&#x27;s no reason not to leverage the charitable structure to manage taxes, which makes me think they will seek equity positions.)  This structure might be a more effective way to impact the world but it&#x27;s definitely a bit of whiplash from the way this whole project was initially reported.