Re:Donate Unrestricted
by elcomet on Sunday March 07, 2021 @12:32PM
(#26377773)
But the non-profit is spending the money, and is not earning any money. If you decide to ask for repayment, how could they pay you back?
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Re:Donate Unrestricted
by Viliam1234 on Sunday March 07, 2021 @12:43PM
(#26377886)
Invest the money with non-zero interest, return the original money, and use the extra to... realistically, pay the salary of the person who did the investing.
Yeah, if I had a non-profit, I would just plainly refuse.
Re:Donate Unrestricted
by a1369209993 on Sunday March 07, 2021 @01:10PM
(#26378115)
Absent anyone else willing to pay for whatever it is they're doing, they can't and would go bankrupt. That's the point.
I doubt someone who wants a pet foundation to succeed would ask for repayment unless they really dropped the ball. Of course, this assumes the person doesn’t anticipate needing the money, which in the case of the WhatsApp co-founder is true.