So you would still need to work on a structure for managing the fund.
My next question is related to taxing return on investment. From what I understand, this is a challenge for some foundations. For example, Brigitte Alepin, who is a tax expert, has been very critical of certain foundations that were not giving back enough.
Large foundations, such as the Chagnon Foundation, have invested capital totalling over $2 billion, while very small foundations have invested capital of $800,000, $1 million or $2 million.
Isn't it unfair to have a fixed rate on the return on foundations' financial assets and to apply the same rate to both large and small foundations?
As part of your proposal, should you consider differentiated tax treatment based on the foundation's size and age, as well as its asset growth trajectory?