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Why should Google expect funding a non-profit would benefit them? They get the tax-write-off precisely because it benefits The People first and Google second, i
by joeyo 9y ago
Why should Google expect funding a non-profit would benefit them? They get the tax-write-off precisely because it benefits The People first and Google second, if at all.
- gertef 9y agoNo, you are confusing charity with non-profit. Not every non-profit is a charity. Example: the NFL, a non-profit that serves its taxpaying members. A non-profit is an organization that exist not to generate revenue for its owners, so the owners don't pay tax -- the members or beneficaries do, under regular tax laws. Google pays taxes on its profits generated via the activity of the nonprofit.