Re:20 years to give away virtually all my wealth
by threetonesun on Thursday May 08, 2025 @04:06PM
(#43930747)
Charitable funds fall victim to the same fundamental issue, leadership is more interested in benefiting themselves than putting the money towards the aims of the charity.
In general I donate to places local to me. I'd much rather see a bench at a local park than hold on to some hope that my money does something meaningful to a large international charity organization.
It seems fortunate that some charitable funds isn't subject to that risk. There are other risks, but they seem lower.
In an imperfect world, government funding alone seems insufficiency diversified. That's too much power in one place.