Philanthropy
Philanthropy
Philanthropy
It also just functions to launder their money. If you can name a philanthropic organization it’s probably structured as a tax shelter for one or several billionaires.
Would you like to round up your payment so we can collect millions of dollars from our customers and make that donation in our name?
Even better is that they've often already made a donation and anything you're giving them goes to them anyway.
Even the commercials have fine print like "donation amount capped at 150,000" or similar.
A way to lower their tax burden.
If society truly valued what charities do, they wouldn’t need a special economic non-profit status. They exist to permit governments and corporations to abdicate their obligation to provide necessary elements of the society they exist within.
Billionaire individuals and organisational charities are polar extremes of the same policy failure. Neither should exist, and when they do, societies tolerance of them must be brief.
Even better: ask your customers to round up their amounts to the nearest dollar so you can donate those proceeds to a charity of your choosing, while the customer thinks you’re doing a Good Thing.
I hate that so much. You're the giant megacorporation. You give a rounded up amount to charity.
Charities are the millionaires and billionaires laundromat
This using even it's final form. All you need to do is make a fundraiser where you march the contributions of the peons you are bamboozling. If they don't raise enough money it's because they weren't motivated not because you don't have enough money. Then you take the money and laundry it through your non profit you are in the board of. Donate 20% and use the rest for "admin".
Not only have you laundered your reputation, you made money in the process.
I love all the good that the Gates Foundation has done.
I love all the good that Amazon’s One Roof has done.
I welcome our new overlords…
Reputations? Perhaps.
Most of it is just to hide money from taxation.
its more than that. apart from getting as bad as money laundering in cases of not enough regulations, the most innocent use is probably agenda pushing with untaxed money
I like to refer to it was Reputation Laundering
People in poverty should not have an existence dependent on the whims of charitable donations.
We have welfare states exactly for this reason.
this does annoy me. I want to live in a society that does not need charities.
https://youtu.be/oRvX0abNWvg
Mutual Aid is the alternative.
I actually want a social safety nets, healthcare, education, and such that charities are just unnecessary.
Taxes are how voters mandate mutual aid from business transactions.