alephnull said:
There is something you should know about charities. I was raised in the West Palm Beach area and there is something called the charity circuit. Basically, a different charity holds a party/gala each night which allows people to throw lavish parties in a tax deductible way. Most of the time these charities barely break even on these parties^M^M^M^M^M^M^Mfundraisers. I think industry standard is 15% of the money taken in by charities on average actually makes it to it's cause. There are some good charities like Oxfam, and I'm sure the Bill and Melinda Gates foundation does occasionally do good work. But if you think about it, handing his MS shares over to a non-profit trust under his control was the best way for him to avoid taxes and diversify his holdings. He is the richest man in the world, so he cannot pull the usual shenanigans as the politics are delicate. |
Wow, are you that anti-ms that you can't even acknowledge the amazing work bill gates has done with the bill and medlina gates foundation.
http://en.wikipedia.org/wiki/Bill_and_Melinda_Gates_Foundation
Go do your research, your comment is pathetic.
