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by efuquen
4142 days ago
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> making people take an action to better your financial position is slavery. "What is Watsi? Watsi is a global crowdfunding platform that enables anyone to donate as little as $5 to directly fund life-changing healthcare for people in need. Watsi is a registered U.S. 501(c)(3) non-profit organization (EIN: 45-3236734)." https://watsi.org/faq If these were the actions of a CEO for a for profit business your statements might make more sense, except that's not the case at all. Nobody is getting rich off Watsi and there goals are commendable. Not to say there aren't probably other examples that would make your point, but seriously this doesn't seem like a good one to pick. |
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I just took a look Watsi's Transparency Report. It's commendable that they seem to be going much further than many other organizations do in opening up their financial information. However, while I found lots of patient details, I was unable to find a breakout of salaries and other payments to employees, officers, or other, only an aggregate monthly salary line item of ~66k. If their about page is accurate and there are currently 6 employees, that's about $132k/year/person. Not Jamie Dimon salaries, but still more than double US median household earnings.
Edit: Also, I'm not ragging on Watsi. I'm not familiar with them other than what I just shared above. My beef is with the behavior in the anecdote (which may or may not be accurate to what actually happened at that NYC bar) that was shared, but more importantly with the culture that people seem to be trying to emulate.