4 ms·
I don't know why, but I always worry when I see huge donations that poor management will see most of the money end up devious hands. But I imagine with that muc
by Pigo 9y ago
I don't know why, but I always worry when I see huge donations that poor management will see most of the money end up devious hands. But I imagine with that much money, there's a ridiculous amount of attention as to where it's going, and plenty of good people willing to manage it. But I assume everything is The Big Short and House of Cards out there.
- paulpauper 9y agoI think it's the opposite: you get $100/month and that is the only money you will ever get for that month to live off of, you will probably be very careful how it is used. But if you get $1 million a month you may be less careful
- jimbokun 9y agoBill Gates puts just as much effort into making sure his charitable endeavors are using their funds efficiently as he did in making sure Microsoft spent wisely. So in general I think your fears may be well founded, but I don't believe so in the case of Bill Gates donations.
- peter303 9y agoZuckerbergs hundred million to Camden NJ was squandered. Too much money too soon. Plus a corrupt organization. Plus no one really knows how to make minority schools better. Its not from lack of trying.
- Pigo 9y agoI think this is exactly what I fear. No matter how much money we raise for curing cancer, it's not necessarily going to give us the cure for cancer. And now we have "charities" like Komen that exist purely to virtue signal while everyone's driving Bentley's. There's so much corruption out there, especially places like Africa where I know Gates has given a lot of love.