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Frankly if I was a billionaire and had the means to setup my own charity that I had complete visibility into so I knew exactly where every penny was spent I wou
by BoysenberryPi 5y ago
Frankly if I was a billionaire and had the means to setup my own charity that I had complete visibility into so I knew exactly where every penny was spent I would do that over giving it to another foundation.
- IdontRememberIt 5y agoAgree. Unfortunately today a Foundation is mainly a optimisation structure. Most of the countries have usually other structures (in their fiscal code) to encourage people to help.
- rhizome 5y agoSticking your nose in "where every penny was spent" is not great and I imagine for most people it would lead quickly to micromanagement. What do you know about charities, about running charities? Anything? Give anonymously. To people who already know what they're doing. You're a billionaire, you can afford list price for benefit events.