Priscilla Chan
Recent philanthropists have decided to forego the Foundation route in favor of utilizing a limited liability company (LLC) to pursue their philanthropic goals and an example of philanthrocapitalism. This allows the organization to avoid three main legal constrictions on Foundations in the US. In December 2015, Mark Zuckerberg and his spouse Priscilla Chan pledged to donate over the decades 99% of their Facebook shares, then valued at $45 billion, to the Chan Zuckerberg Initiative, a newly created LLC with focuses on health and education.