3 ms·
I may be off base here, but what if I'm a super-rich dude who starts a company that exists solely to send the SPCA, St.Judes and Shriner's Hospital a million a
by jksmith 6y ago
I may be off base here, but what if I'm a super-rich dude who starts a company that exists solely to send the SPCA, St.Judes and Shriner's Hospital a million a month because of those gut-wrenching commercials, but I want to remain completely anonymous about it?
- deleted 6y ago[deleted]
- deleted 6y ago[deleted]
- jlokier 6y agoIsn't that dealt with by running a non-profit? "Churches, charities and other non-profits are also exempt." If you need a a commercial company to make money before handing it over, here in the UK it is common to set that up as a subsidiary of the non-profit. Charities do it all the time, a subsidiary company runs the charity shops, and gives the profit to the parent charity. This allows the shops to be run more like a commercial operation, with fewer constraints than a charity is required to follow, then when the money is handed up to the charity those constraints apply to how it is spent or distributed to other charities.