If you create the nonprofit, and within its bylaws you’re an employee who just runs the nonprofit, then your child can take control just by being the next employee in line to takeover. It’s not a gift it’s a job.

Let’s not overcomplicate this, whomever is in control of the board is in control. How you gain control does not need to be a gift or an inheritance.

You said it’s illegal to promote a for profit business as a nonprofit, but what does promote mean? It’s about not letting your left hand know what your right hand is doing. Coca-Cola works with the Bill and Melinda Gates foundation to increase the number of farmers producing the ingredients they need for their products. The charity is just doing charitable work and the Coca-Cola company is just donating money to a charity.

You say a nonprofit can’t lobby, not all lobbying is lobby the way we see it, it can simply be the bill and Melinda gates foundation holding a fundraiser to help with increasing access to vaccines and a few politicians attend to increase their healthcare credentials and rub shoulders with rich and powerful donors.

It’s not about everything being illegal, but it’s about creating environments in which the parties involved benefit.