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I don't see the issue with this. These are long term institutions. Many are centuries old. They should invest their money for the long term and survive off the
by Houshalter 11y ago
I don't see the issue with this. These are long term institutions. Many are centuries old. They should invest their money for the long term and survive off the interest.
What's more remarkable is that people voluntarily donate money to them. Why would you do that? These institutions are not in need of cash by any means. And if you are going to be charitable, there are organizations where that money can do far more good, like the top Givewell charities.