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PSA: Non profits can be as greedy as any other organization. Typically the money goes to wages for the leadership rather than profits to the owners.
by BurningFrog 5y ago
PSA:
Non profits can be as greedy as any other organization.
Typically the money goes to wages for the leadership rather than profits to the owners.
- kazinator 5y agoYes; basically it's just a classification combined with an accounting strategy.
- nickff 5y agoThe most famous (infamous?) example of this was the Hughes Medical Foundation.
- lostlogin 5y ago> Non profits can be as greedy as any other organization. The term ‘non-profit’ is one I find hilarious. With the smoke and mirrors of accounting and standard insurance company behaviour it can mean anything. The directors can get bonuses, the cars can be upgraded and the conferences/holidays can get more impressive. It’s surprising that ‘non-profit’ doesn’t generate an eye-roll in more people.