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The perpetuity aspect is a good point, but the fundamental pitch of Watsi is "100% of your donation goes to a specific patient in need", not "100% of your donat

The perpetuity aspect is a good point, but the fundamental pitch of Watsi is "100% of your donation goes to a specific patient in need", not "100% of your donation goes into an investment account that will be invested in anything from oil to cryptocurrency (and things you might not necessarily agree with) whose returns will then go to a patient in need". The vast majority of donors donate to Watsi for precisely this pitch. Also if Watsi made this change, who would manage the investments? Wouldn't it fundamentally change the company from a small, lean, product-driven global health nonprofit to a socially responsible investment (SRI) company (which there already are many of)?

toomuchtodo 9y ago
Vanguard has a non-profit foundational division that manages this for an org: https://institutional.vanguard.com/VGApp/iip/site/institutional/clientsolutions/endowmentfoundation https://institutional.vanguard.com/VGApp/iip/site/institutio... There is no need for Watsi to handle the management of these investments/funds. > Wouldn't it fundamentally change the company from a small, lean, product-driven global health nonprofit to a socially responsible investment (SRI) company (which there already are many of)? Nothing would change except Watsi having more consistent funding and the ability to have a longer term strategy.