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I've worked with plenty of nonprofits over the years. More than I can count. The point here isn't about putting a name on something for an ego boost, its about effectively managing my (hypothetical) money in a controlled and sustainable way over a longer period of time so it can be put into multiple causes, rather than dumping it all into someone's lap one day and saying 'go'. And by moving this hypothetical money into a 501(c), it puts the money to work over time while keeping it out of reach to blow on tempting luxuries. I stand behind this idea.

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