2 ms·
It's similar to the difference between opex and capex. You can call it a marketing gimmick, but 100% of the money put into capex is capex, at least according t
by IncRnd 9y ago
It's similar to the difference between opex and capex. You can call it a marketing gimmick, but 100% of the money put into capex is capex, at least according to the page you linked.
- maxerickson 9y agoThe hygienic accounting doesn't change whatever the overall efficiency is. (a sibling comment to yours points out that the separate accounting can help create good incentives, which could well be the case, but looking backward, there is still an efficiency that can be calculated and compared to other charities)
- IncRnd 9y agoHygenic accounting, marketing gimmick? It's really straightforward, so I don't see why you need to malign a charity that has found a way to separate overhead from assistance. o=overhead donations (min of 25k) a=assistance provided donations received = o+a; donated % used for charitable cause = a*100/(o+a)
- maxerickson 9y agoI don't see what is malign about hygienic accounting. Marketing gimmick is certainly a cynical take.