2 ms·
So it appears you don't understand what a donor advised fund is, and how that hides the way the money is used. Charities have strict financial disclosures on ho
by yucky 4y ago
So it appears you don't understand what a donor advised fund is, and how that hides the way the money is used. Charities have strict financial disclosures on how their money is used, with the one exception being donations they make to a donor advised fund like the Tides Foundation which can be directed to be used for anything, and there is zero transparency on it. I can look at Gleaners Food Bank for instance, and see how every dollar is spent. That is not the case with Wikimedia because of their use of dark money vehicles.
And that's why they are known as dark money vehicles, and that is why they are not in fact just like any other donation. It's a black box, there are no required disclosures to donors other than the fact the money was given to Tides, which is actually not covered under their mission statement either.
Also, stop trying to compare 501(c)3's to Walmart, it's silly and hurts your case.