That's why it has to be a nonprofit, because a nonprofit is required to take monies it receives and use them for the purposes for which it's chartered by the government. It can't be pocketed.
Sentiment: POSITIVE
The millennial generation and a growing number of employees are looking for more than just a paycheck. If a nonprofit could make that easy for me, they are doing me a favor. It's not just a one-way value exchange; it is an internal morale building opportunity.
When people make donations to non profits, they want to know that their money goes to good use.
Too often, nonprofits are viewed as rigid and bureaucratic - less nimble and capable of adapting in this fluid environment than our corporate counterparts. I don't agree.
Our philosophy is you need to give nonprofit money for health, nutrition, education, culture, and sports.
Obviously, a lot of non-profits live on donations, and that's a wonderful thing. But higher education can't exist on donations only because, if that were the case, we would have a hard time paying teachers adequate salaries.
I cannot belong to a nonprofit organization because when you receive grants, you have to make such great compromises with your artistic plans.
There are so many local nonprofits making a positive impact every day, and yet, oftentimes we don't hear enough about them or their needs.
The amount of work that a for-profit has to do to get real money is minimal compared to the amount of work it takes a non-profit to get even a very small grant.
I don't believe that someone who sets up an institution should be able to take out the money from the institution or pay dividends to shareholders. I am not saying that institutions should be set up for charity.
You have to offer a product that creates an environment that captures donations, but at the end of the day, it's not the environment that draws in the money but the cause.
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