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I was sitting in a bar in Seattle a few years back, and two people who worked at the Gates Foundation were bragging about how they were making $300k a year to "
by User23 8y ago
I was sitting in a bar in Seattle a few years back, and two people who worked at the Gates Foundation were bragging about how they were making $300k a year to "do nothing." I hope that is the exception rather than the rule, but I have a great distrust of foundations. The George Eastman method of directly endowing organizations strikes me as far superior.
- maxxxxx 8y agoAt least in DC a lot of foundations/non-profits are a way to brush up the resumes of children of well-connected people with "leadership" and other qualifications while they make very good money. I am also very skeptical since I learned about this.
- Angostura 8y agoI am skeptical about where you learned this. Concrete examples?
- marnett 8y agoMentioning foundations are tax havens for private wealth it is not too surprising to hear they have hereditary qualities (jobs, dinners, receptions, business expenses, travel, conferences). There is an oddly positive connotation typically gifted towards nonprofits when in reality they are stateless sovereign wealth funds.
- lotsofpulp 8y agoWhich is what makes it so funny when poor people support tax deductions for charity and would rather prefer a system of low taxes and high charity than higher taxes. It’s really funny when they send your kid home selling candy to raise money for school or publicly humiliate the kids who don’t donate by giving stickers or allowing the others to wear something different.
- marnett 8y agoThe effects can be monitored in a lot of different ways - that is definitely one I had not thought since I was a schoolchild. Very effective propaganda went into this standard American framing of nonprofit orgs.
- deleted 8y ago[deleted]
- throwmeback 8y agoI don't get why you're getting downvoted.