Exactly. That tax-deductible donation needs to go to their own foundation, so they can spend the money in a way of their choosing and also gain prestige for ba

Exactly. That tax-deductible donation needs to go to their own foundation, so they can spend the money in a way of their choosing and also gain prestige for banquet hob-nobbing. It's not that they don't want to do good - it's that they want to maximize the value from the good they do.