I know of an organization attached to a prestigious university that solely exists because at the end of some billionaire’s life, he decided he wanted to chuck some cash into a foundation to try to burnish his image.

But he was so morally corrupt that his version of helping others was to mandate that the foundation focus on “helping” people in developing countries find business opportunities.
Read: they assess how people and environments can be exploited for capitalism while focusing on telling stories about how that exploitation improved the quality of life for people there.
Most of the professors who work with the foundation are very wealthy from their non-academic pursuits.