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Comment by LightBug1

1 year ago

"Backed by non-profit" .... shudders

I'm being unfair, but am I? Have been stung a few too many times by those words

2 comments

LightBug1

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toomuchtodo  1 year ago

Effective 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  1 year ago

    But 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.