Comment by 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.
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.
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.