Hi,
not to go into too much detail on a public forum. In part of a larger deal for real estate that I do have commercial use for, some other buildings will be included that I could either rent out or use for a charitable purpose. It's all or nothing for the deal. I actually contemplated renting them out and using the proceeds to donate to another institution. If this can instead be used to provide young PhD students with a place to live rent-free there is no taxation inbetween, which would be subtracted from what they might receive via another institution.
Honestly, I mostly want to do some good with this in a way that has limited downside, and hope for the general concentration of creative career-starters with some communal infrastructure to result in a great place to live for everybody involved.