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by legitster
23 days ago
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If I'm donating money to fight cancer, and the majority of the money goes to administrative staff, that's inherently a flawed charity. It's exactly what led to the downfall of the Susan G Komen foundation. There's also a death spiral problem. If donations drop and administrative costs stay the same, that charity's ratings only get worse. There's a reason most examples of successful non-profit unions all rely on steady streams of government grant funding. |
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