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This is great news, but a nitpick, it isn't Michael Dell pledging, but his foundation. Michael Dell, the billionaire Texan who founded Dell Technologies, has p

This is great news, but a nitpick, it isn't Michael Dell pledging, but his foundation. Michael Dell, the billionaire Texan who founded Dell Technologies, has pledged $36 million of his foundation’s money to help disaster relief efforts in the wake of Hurricane Harvey. The gift from the Michael and Susan Dell Foundation is the largest donation to date aimed at recovery efforts.

phd514 9y ago
That's kind of a distinction without a difference since the foundation is just the mechanism through which Dell makes philanthropic contributions.
- Retric 9y ago
  He may have already donated this money to the org. So, this may be funding allocation not a donation. Or this could be new money I am not sure.
  - deleted 9y ago
    [deleted]
  - brandon272 9y ago
    Again, distinction without a difference. Is it a "funding allocation" if I was going to spend $100 on a night out but choose to donate it instead? It's both. And still just as much a donation.
    - Retric 9y ago
      Err, if this is not clear to you. You can setup a charity and get a tax deduction in the year you set it up without actually allocating the money. Now that it's in the charity it's not your money in that you can't legally use it on a night out. So, there is a very big difference in donation = tax deduction, allocation = no additional tax deduction.
fooey 9y ago
Seems that's also what Trump is doing, he's using foundation money, not his own personal money.
- dxhdr 9y ago
  Where do you think the foundation gets its money? http://philanthropynewsdigest.org/news/michael-and-susan-dell-commit-additional-1-billion-to-foundation http://philanthropynewsdigest.org/news/michael-and-susan-del...
  - dlp211 9y ago
    But Trump allegedly doesn't donate to his own foundation unlike the Dell's or the Gate's foundations.
    - cgb223 9y ago
      Do you have any kind of source on that?
      - aaronblohowiak 9y ago
        Farenthold's reporting covers it quite extensively
        cgb223 9y ago
        Link?
        aaronblohowiak 9y ago
        https://www.washingtonpost.com/politics/trump-boasts-of-his-philanthropy-but-his-giving-falls-short-of-his-words/2016/10/29/b3c03106-9ac7-11e6-a0ed-ab0774c1eaa5_story.html?utm_term=.85d0da236eec https://www.washingtonpost.com/politics/trump-boasts-of-his-... But there are others as well.. he won the pulitzer for his reporting on this

phd514 9y ago

That's kind of a distinction without a difference since the foundation is just the mechanism through which Dell makes philanthropic contributions.

Retric 9y ago
He may have already donated this money to the org. So, this may be funding allocation not a donation. Or this could be new money I am not sure.
- deleted 9y ago
  [deleted]
- brandon272 9y ago
  Again, distinction without a difference. Is it a "funding allocation" if I was going to spend $100 on a night out but choose to donate it instead? It's both. And still just as much a donation.
  - Retric 9y ago
    Err, if this is not clear to you. You can setup a charity and get a tax deduction in the year you set it up without actually allocating the money. Now that it's in the charity it's not your money in that you can't legally use it on a night out. So, there is a very big difference in donation = tax deduction, allocation = no additional tax deduction.

fooey 9y ago

Seems that's also what Trump is doing, he's using foundation money, not his own personal money.

dxhdr 9y ago
Where do you think the foundation gets its money? http://philanthropynewsdigest.org/news/michael-and-susan-dell-commit-additional-1-billion-to-foundation http://philanthropynewsdigest.org/news/michael-and-susan-del...
- dlp211 9y ago
  But Trump allegedly doesn't donate to his own foundation unlike the Dell's or the Gate's foundations.
  - cgb223 9y ago
    Do you have any kind of source on that?
    - aaronblohowiak 9y ago
      Farenthold's reporting covers it quite extensively
      - cgb223 9y ago
        Link?
        aaronblohowiak 9y ago
        https://www.washingtonpost.com/politics/trump-boasts-of-his-philanthropy-but-his-giving-falls-short-of-his-words/2016/10/29/b3c03106-9ac7-11e6-a0ed-ab0774c1eaa5_story.html?utm_term=.85d0da236eec https://www.washingtonpost.com/politics/trump-boasts-of-his-... But there are others as well.. he won the pulitzer for his reporting on this