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Being a charity is, from my perspective, the only way to organize an organization for collective good. Yes it doesn't imply anything about how your ethics are o
by drb91 8y ago
Being a charity is, from my perspective, the only way to organize an organization for collective good. Yes it doesn't imply anything about how your ethics are organized, but if you want to give money to be managed in a way that aligns with your ethics, charities are the most natural solution.
You wouldn't give money you hope gets into the hands of a family to a hedge fund, for example--their interests are aligned with financial returns, not giving. A charity is explicitly organized to spend your money in a way that aligns with your values of efficiency.
On top of that, as other posters note, there are well-defined metrics for how well money is spent on administration vs on the charity goal.