Giving all to charity (1 Viewer)

[IC FBGCav]

Warren, Gates and Zuck are now giving all their money to charity. This says a lot. Either they think things are great in American and they have no reason to influence government using their money or that they think things are so bad in American and they have no influence using their money.

 

[Doctor Detroit]

I'd rather save elephants than influence government. I think you have to have the mindset of the righteous is all, can't think of anything more fun than to give away a ton of money for a cause that makes the world a better place. It's a full time job, and a worthwhile one.

I hope I can give away hundreds of thousands of dollars someday, maybe millions if my jellyrooster idea takes off.

 

[IC FBGCav]

I'd rather save elephants than influence government. I think you have to have the mindset of the righteous is all, can't think of anything more fun than to give away a ton of money for a cause that makes the world a better place. It's a full time job, and a worthwhile one.

I hope I can give away hundreds of thousands of dollars someday, maybe millions if my jellyrooster idea takes off.

I agree, and I hope the world reaps the fruit of their giving but in the end I have my doubts.

 

[Doctor Detroit]

I'd rather save elephants than influence government. I think you have to have the mindset of the righteous is all, can't think of anything more fun than to give away a ton of money for a cause that makes the world a better place. It's a full time job, and a worthwhile one.

I hope I can give away hundreds of thousands of dollars someday, maybe millions if my jellyrooster idea takes off.

I agree, and I hope the world reaps the fruit of their giving but in the end I have my doubts.

Gates has basically eradicated polio in places like India, and is working on Malaria next. It's amazing, makes me almost want to buy Microsoft products.

 

[Ladsud]

I guess thats good. Especially since they are worth billions upon billions and the rest of us peons are worthless.

 

[Doctor Detroit]

I guess thats good. Especially since they are worth billions upon billions and the rest of us peons are worthless.

Lots of Billionaires do nothing with their money but give it to their dumb offspring. So...

 

[Annyong]

Didn't Zuckerberg give it all to his own charity?

 

[captain_amazing]

I don't know what the stats show, but from working in the nonprofit sector, a substantial portion of funds for nonprofit activity come from various levels of government. As you might imagine, this kind of funding is often more restrictive than other sources, like foundations, private donors, etc., which can handcuff some agencies from doing business in a way they believe to be most effective/efficient. While there are obvious benefits to that (there are certainly agencies that wastefully spend their grants and donations), it can also hamper progress and hamper an agencies reaction and response when needs change. Additionally, government funding often allows nonprofits to incorporate overhead in their grants (although it's usually very limited), so organizations can pay for their operations, which other sources of funding usually don't like to provide for (they want to see the funds go directly to helping x, y, or z without funding the staffing required to do so).

The point being, it's really amazing to see this kind of charitable giving in the private sector, as it really is needed. While I know their money will be given through foundations that place restrictions on how the funds will be used and require MOs and such, which is so important to ensure funds are spent wisely, they'll likely do so in a way that allows much more flexibility in how an agency can use those funds in creative ways to solve problems.

 

[3C's]

Warren, Gates and Zuck are now giving all their money to charity. This says a lot.

Now you've done it. You just wait until jonmx wakes up.