Sublime
An inspiration engine for ideas
It’s money laundering
“So it turns out 7,000 politically connected NGOs are receiving 90% of all taxpayer money going to nonprofits. Roughly $300 billion in government money flows through nonprofits every year with zero transparency with regard to where that money goes.”
“The American people... See more
Wall Street Apesx.com
I've been asked about the LA wildfire donation scandal.
Here's the truth: it's standard operating procedure. In most nonprofits, only a small fraction of your donation reaches the front lines.
If this qualifies as a scandal, then the entire nonprofit sector is a... See more
Philanthropic foundations bias heavily towards granting large $ amounts exclusively to organizations (not individuals), meaning there are few existing avenues to fund promising people.
Molly Mielke • Scaling the personal grantmaking sector · Molly Mielke
HNY to me! New Thiel Foundation 990 (from 2023) just dropped. Always a fun way to follow Peter Thiel's interests. He's not a big giver (gave $4.3m in 2023), but even the small grants contain interesting clues about where his head is at.
Thread! 🧵
Julia Blackx.comIt's a tax status, not a business model, part XXVII "Multiple nonprofit news insiders told Semafor that the increasing number of news nonprofits has outpaced the money available from donors, creating a competition for a limited pool of money." https://t.co/s3dhUIgzif
Chris Krewsonx.comCharity Entrepreneurship
charityentrepreneurship.com
