Liberty Hill is a nonprofit public charity, so it has no endowment.
The general and several other retired Marine officers organized the fund as a private nonprofit charity.
"But then, nonprofit charities are not supposed to do what's easy."
The United Nations and nonprofit charities with global reach are, as always, rushing to help.
The Times pays all overhead costs, so contributions go directly to the seven participating nonprofit charities.
So the money was simply laundered through third parties - nonprofit charities and advocacy groups.
So far, the foundation's staff has identified about 1,000 nonprofit charities it considers worthy and credible.
The Times pays all the fund's expenses, so all contributions can go directly to the nonprofit charities.
On one hand, the Acumen Fund would be a nonprofit charity.
In addition, standard e-commerce sites have begun to combine with nonprofit charities.