5 ms·
501(c)3 organizations exist for two reasons: 1. Funnel money to cronies or to support your useless relatives by buying them directorships. 2. Destroy social m
by alrs 10y ago
501(c)3 organizations exist for two reasons:
1. Funnel money to cronies or to support your useless relatives by buying them directorships.
2. Destroy social movements by tangling up the leaders in grant-writing and administrivia.
https://www.amazon.com/Revolution-Will-Not-Funded-Non-Profit/dp/0822369001 https://www.amazon.com/Revolution-Will-Not-Funded-Non-Profit...
- mikeyouse 10y agoSo which category does the Bill and Melinda Gates Foundation fall under?
- alrs 10y agoSterilize the poor.
- gaius 10y agoOr the Zuckerbergs?
- vkou 10y agoIt's not yet clear if the Zuckerberg foundation will accomplish meaningful humanitarian goals, or serve as an ingenious device to funnel wealth to his relatives. Melinda and Bill have done pretty well on the humanitarian bit.
- mikeyouse 10y agoTo date the Zuckerberg foundation has given $75 million to SF General Hospital as well as committed to giving $3 billion to establish the Biohub in San Francisco. They've committed to giving 99% of their shares to the Chan-Zuckerberg Initiative which is currently valued at something like $50 billion. Paying the smartest doctors and scientists in the world to cure diseases is a pretty good way to have a humanitarian impact.
- gaius 10y agoThis whole story is about a doctor, remember... They don't hand out sainthoods in Med School...
- vkou 10y agoAs far as I can tell, Biohub is a medical R&D company. It will keep control over all IP developed by it, and sell licenses (As opposed to the Gates foundation, which makes its work freely available.) By the same logic, Pfizer is a humanitarian charity - it too employs the world's smartest doctors to try to cure diseases.
- mikeyouse 10y agoNope -- The Chan Zuckerberg Initiative is a for-profit company which allows them to lobby, etc. The Chan Zuckerberg Biohub is a non-profit research entity that has received funding from the CZI, and the IP / license fees will be shared between CZ Biohub and the research institutions that they're partnering with (UCSF, Stanford, and UC Berkeley). Researchers will also have the ability to enter their IP into the public domain (with Biohub approval). It'd be more similar to Pfizer if Pfizer fired all their sales and marketing staff as well as funneled all of their profits into additional research instead of paying billions of dollars to shareholders every year. The CZ Biohub is basically a West Coast Broad Institute.
- alrs 10y agoRemote control sterilization[1]. Using India's poor for medical experiments[2]. [1] http://time.com/2963130/the-future-of-birth-control-remote-control-fertility/ http://time.com/2963130/the-future-of-birth-control-remote-c... [2] http://www.dailymail.co.uk/news/article-2908963/Judges-demand-answers-children-die-controversial-cancer-vaccine-trial-India.html http://www.dailymail.co.uk/news/article-2908963/Judges-deman...
- dredmorbius 10y agoThere's been an argument that B&MGF's intellectual property focus has been self serving. Nothing heree to that specific end, but a lot on the organisation's IP focus: https://duckduckgo.com/?q=gates+foundation+intellectual+property&t=ftas&ia=web https://duckduckgo.com/?q=gates+foundation+intellectual+prop... I'm digging further. I actually strongly agree with population and reproduction programmes. In strong opposition to GP.
- and0 10y agoI'm really enjoying the zero millions of dollars I made from my hackerspace.
- sparrish 10y agoI'm doubting you've ever volunteered at a soup kitchen.
- alrs 10y agoI have, and I've found ways to be involved in civil society throughout my adult life without needing to write a grant, record board minutes, or negotiate an ED comp package.