As described, the EA and EtG are self-indulging "charities". They promote the idea that their idea is the best. What I've gleaned from past HN conversations is

As described, the EA and EtG are self-indulging "charities". They promote the idea that their idea is the best. What I've gleaned from past HN conversations is that they spend their take on lavish parties for their donors. I seem to recall they bought a hoity-toity mansion for said parties.