3 ms·
> "charity" was a tough sell internally I've been saying this for decades: For-profit companies are expected to generate profit for the shareholders. As such,
by some_anon_dude 6y ago
> "charity" was a tough sell internally
I've been saying this for decades:
For-profit companies are expected to generate profit for the shareholders. As such, donations are hard to justify.
- Most technical teams have pre-approved budgets for licenses, SaaS, consultancy services.
- Most teams do not have pre-approved budgets for donations. Managers need to go through bureaucracy and justify it.
- Donating to organizations that are not famous charities can look suspicious (think bribery & so on). Donating to an informal group more so. Donating to some person on GitHub even more so. Imagine lawyers and accountants having to explain it to some tax agency.
- Many countries don't have the tax relief and loopholes that encourage donations