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Any effort to trace the owners of the foundations runs up against Liechtenstein's tough banking secrecy laws.
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Military foundations run logging concessions, palm oil plantations, hotels, banks, an airline and all manner of other businesses.
However, at least two foundations run by women outperformed the 21.3percentt benchmark for universities in that same time period.
She is accused of helping her longtime friend, Choi Soon-sil, coerce South Korean companies into handing over tens of millions of dollars in donations to foundations run by Choi.
Whanyinna, which has foundations running 11ft deep, depends on voluntary donations for its survival, including teacher's salaries of 10,000 naira (£34) per month.
Add to that several institutions named after wives and daughters — the Ekaterina and Victoria Art foundations run jointly by millionaires and the women who love them.
Russia has branded foundations run by the financier George Soros a threat to the country's constitutional order, and banned them from disbursing grants to Russian partners.
A new administration could also end payments worth millions of dollars to endowments of charities and foundations run by the Erdogan family.
Some corporate foundations run nationwide science fairs.
He also gave Class B Berkshire shares to his own foundation and to the foundations run by each of his three children.
The foundation runs on a shoestring.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com