4 ms·
"Backed by non-profit" .... shudders I'm being unfair, but am I? Have been stung a few too many times by those words
by LightBug1 2y ago
"Backed by non-profit" .... shudders
I'm being unfair, but am I? Have been stung a few too many times by those words
- toomuchtodo 2y agoEffective governance is a never ending need, but non profits are arguably the best entity type for such efforts. It also allows for tax efficiency for the spend involved.
- LightBug1 2y agoBut it's non-profit until it isn't. I've worked in too many companies that have a "charitable arm". And the "charitable arm" ends up being just a vehicle for, as you say, tax efficiency and profit maximisation and ways into markets otherwise barred to for-profit entities. Not actually focused on the point of the charity itself.