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There are tons of examples of non profit that are run for profit (mostly profit / career advancement of those in charge and their families and friends). Firefo
by rvba 2y ago
There are tons of examples of non profit that are run for profit (mostly profit / career advancement of those in charge and their families and friends).
Firefox spend a ton on pet projects to boost careers. Now the core product lost most matketshare and is not what people want.
Wikipedia collects a ton of money and wastes it on everything bar wikipedia (mostly salaries and pet proje ts).
There are those charities where 95% of collected money is spent on own costs and only 5% reaches those in need / the topics that they should solve.
Control over non profits is a joke. People in charge respond to nobody.
- droopyEyelids 2y agoNone of your examples are legally profit though.
- jokethrowaway 2y agoWe should abolish taxes, so real companies won't need to hide behind the non-profit status and real non-profits could shine.