No, he helps administer the charities now.
5 seconds sound clip from the The Big Lebowski movie soundboard.
You can hear this line at 01:30:16 in the Blu-ray version of the movie.
Quote context
[...]
- What are you talking about? He's fucking loaded.
- No, no. The wealth is all Mother's.
- We did let him run one of the companies briefly, but he didn't do very well at it.
- No, he helps administer the charities now.
- And I give him a reasonable allowance. He has no money of his own.
- I know how he likes to present himself. Father's weakness is vanity, hence the slut.
- It increases the chances of conception.
[...]