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by javadocmd 1369 days ago
A good question worth considering, IMO. Take the Susan G. Komen Foundation as a present-day example of a foundation that, although founded with a righteous cause in mind, has (in some folks' estimation) lost its way, and/or become a somewhat negative force on cancer treatment, women's health, and charity efforts generally. https://en.wikipedia.org/wiki/Susan_G._Komen_for_the_Cure#Co...

Of course for a foundation that relies heavily on continuing donations, the "market" (so to speak, in this case arranged for the generation of social good) can send a corrective signal by cutting donations. For a completely self-sustaining trust, it stands to reason that society would have little chance to "fix" a wayward organization.