Re:Nipping Libra in the Bud
by jjeaff on Thursday July 11, 2019 @02:54PM
(#20414331)
A non-profit can certainly show altruism. It can also be a vehicle for legal tax evasion, PR, and power. Why create a new foundation when there are certainly existing and efficient organizations that could deploy your money better?
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Re:Nipping Libra in the Bud
by veratwiger on Tuesday July 23, 2019 @10:36AM
(#20507035)
Ah, but CZI is not a non-profit, it's an LLC, making it an even more efficient vehicle for legal tax evasion, PR, and power. It also allows Mark and Priscilla to make funding decisions affecting entire communities on a whim, without the involvement of cumbersome board members.