Hello, what is the opinion or advice one can provide for this tax and charity case study: A US-based American citizens couple plan to open a non-profit organization (a healthcare clinic or an orphanage) when they retire in 25 years in a foreign country (Mexico or SE Asia). They plan to contribute $10,000 annually beginning now to some sort of fund/trust/ foundation that accumulates over the next 25 years. The money will use to build and run the non-profit organization in the chosen foreign country. In addition, they may have donated funds from others in the US over time to help fund this cause. Obviously, the donors would like to have a tax deduction allowance in their returns. Question: Does the current US tax laws allow them to write-off the $10,000/yr as a tax deductible to a charity trust/fund? Option: If needed, the couple can use invest the $10,000/yr to buy the land or assets at that foreign country until it's mature in 25 years and convert it into the non-profit organization by selling those assets. Or they can build the skeleton non-profit organization now and expand it over the years as funds arrive annual. Thanks
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