Where Else wrote:
You thought Nike was corrupt? wrote:40% of donations are spent on fluff by management.
Who do they think they are? United Way?
Why is there a need for this charity anyway? The govt spends close to a trillion dollars per year on "security" yet cannot take care of the cannon fodder that gets maimed?
+1. The "defense" budget is half of all spending, and we can spend trillions to blow the sh*t out of things overseas, yet we can't even give the people that come home adequate care?
Large bureaucratic charities have long been shown to be nothing more than a) tax shelters for the mega-wealthy, b) places to steer policy into the favor of the mega-wealthy, and c) a way to guide social policy in the direction said folks envision.
If I give, I will only give locally or to individually. The corruption of these foundations was known as far back as the 1950s and the Reece Committee:
http://www.sourcewatch.org/index.php/Tax-exempt_foundationsDo people really think that the Rockefellers, Zuckerberg, Buffett, and Gates' of this world would ruthlessly stomp out their competition to turn around and give it all away? It's just another tool to further their businesses and agendas.