Sole Voting Member: Elects Board of Directors Required distilbudons • BAG; administers affiliated NewCo. Elects board of Ne•Co, who can be BMGF employees. friendlies, and/or *blue ribbon'. Recommend start 'nth employees. • (IMF administers NewCo grontmaking aleitside its own. • NewCo inneMent potty would mirror BAIGF's (highly liquid) • NewCo could recent funds directly from donors not interested m 1 OAF • DittrabltkOnt from Doss to tentCo must be known and reliable to allow for BIM" planning Existing "White label" DAF Sponsoring Organization (e.g., NPT) White label Elects Majority*, Directors/BMGE Elects Minority - 170(b)(1)(A)(vi) Whin Label administers affiliated organization dedicated to our donors. Our chorea of bears (At what cost?) (Consider single member UZI • Donors have Sunny powders ore mdindual cas for (1)mvestment managers; (2) investments; and (3) charitable contnbuvons within specified geometers • DAFs have an XIS annual payout requement, at least 60f4of Stich must go to one or mere slot at NewCo. Donor may select silos. Balance adminstered by White label and dstributed to donor causes at advised by donor. • Entity is not a supporting org. but would be sander EFTA_R1_00357368 EFTA01917242