End-of-life platform FreeWill is trying to close that gap (and encourage charitable giving) through its free online will service. Today, the company announced that it has surpassed $1 billion in charitable commitments. When it came time for Schmitt to do his own estate planning, he wondered why nobody had made it similarly easy to build charitable donations into your will. So Schmitt, alongside fellow Stanford Business School graduate and Forbes Under 30 honoree Jennifer Xia, cofounded FreeWill. Though FreeWill does not require individuals to make charitable donations in their wills, it does experiment in methods to increase charitable giving.

Source: Forbes March 13, 2020 14:26 UTC