The charity that is also a time machine

Donor-advised funds let windfall earners deduct now and grant later, and Anthropic's uncapped 3:1 match could route tens of billions through them.

• Charities operate like businesses: They can rent offices, hire staff, buy goods, and be sued, but get a conspicuous carve-out — federal tax exemption plus donor income-tax deductions that cost out-of-pocket far less than regular spending.
• Receipts are trivially simple: The IRS requirement for substantiating donations over $250 is simple enough a seven-year-old could produce one, yet billions in software and labor go into charitable record-keeping, partly via Form 990 Schedule B donor disclosure.

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