UPSC Practice recommends Patagonia, charity with continuity.
The Chouinards will be giving Patagonia away to the cause they believe most in, the environment. By transferring their holdings to a trust and a non-profit, they expect it to run as profitably as before. And by not listing it or selling it to a fellow billionaire, they can preserve its focus on sustainability and employee welfare.
Courtesy: Opinion-Economic Times