That&#x27;s still the same thing; if the public is deciding where the funding is going then it isn&#x27;t a private foundation anymore.<p>Now, if the public is deciding by choosing where to put their <i>own</i> funding, in the form of donations, that makes more sense.  But in that sense, the millionaires and billionaires creating or donating to charitable foundations are doing the same thing: deciding where to put their own funding.