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by TheRealPomax
595 days ago
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And a lot of people don't realize that "wholly owned" is just a legal construction, it does not mean that they have any say over what the corporation does, how the corporation does that, or that they have any kind of access to any money in the corporation's accounts. The foundation owns the corporation, part of that ownership is that they can't run it. If they did, they'd no longer be a separate non-profit. |
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