That or Squid is actually a time travelling inter-dimensional being that is spending their time here for a few thousand years because they got bored with eternal immortality.
It also just functions to launder their money. If you can name a philanthropic organization it’s probably structured as a tax shelter for one or several billionaires.
If society truly valued what charities do, they wouldn’t need a special economic non-profit status. They exist to permit governments and corporations to abdicate their obligation to provide necessary elements of the society they exist within.
Billionaire individuals and organisational charities are polar extremes of the same policy failure. Neither should exist, and when they do, societies tolerance of them must be brief.
Even better: ask your customers to round up their amounts to the nearest dollar so you can donate those proceeds to a charity of your choosing, while the customer thinks you’re doing a Good Thing.
This using even it's final form. All you need to do is make a fundraiser where you march the contributions of the peons you are bamboozling. If they don't raise enough money it's because they weren't motivated not because you don't have enough money. Then you take the money and laundry it through your non profit you are in the board of. Donate 20% and use the rest for "admin".
Not only have you laundered your reputation, you made money in the process.
its more than that. apart from getting as bad as money laundering in cases of not enough regulations, the most innocent use is probably agenda pushing with untaxed money