Never Give Money to Charity
torturechambersmalltalk.substack.com
Never Give Money to Charity
1–10 of 27 posts
Re: Never Give Money to Charity
#2> If you want your donation to help, at least check sites like Charity Navigator and Give Well and make a smart donation instead of blindly venmoing the Red Cross to help them fight the war against "administrative fees."
Then the title of the post should really be: "Be careful of the charities you give your money to because many have negative externalities and haven't thought through the implication of their missions very well and also waste a lot on administrative bloat". But that title won't get clicks
Probably, charities which seek to alleviate poverty are just pissing in the ocean. They can have real impacts on people but not nearly the level of utility that the federal government can provide.
But there are non-profits that do things that government simply can't or won't do, like removing landmines[1] and helping refugees escape communist countries[2]. Sometimes problems (like North Korea) are too politically sensitive for any government to want to tackle, and so it comes down to NGOs to do anything about it.
Re: Never Give Money to Charity
#3Has anyone else noticed the rise in retail companies asking "Would you like to round up for XYZ charity"?
Am I pessimistic in thinking they're taking this money and donating it purely for free tax reduction?
Re: Never Give Money to Charity
#4This might be the dumbest shit I’ve ever read. It’s just one logical fallacy extended into 750 words. “Never do extremely good thing x because sometimes it causes bad thing y to happen”
Re: Never Give Money to Charity
#5This is like SBF and co, right?
Re: Never Give Money to Charity
#6The writing style is too hyperbolic that it detracts from the argument it is trying to make. A certain amount of figurativeness is good to add dimension to an argument, but here it has been overdone.
Re: Never Give Money to Charity
#7Has anyone else noticed the rise in retail companies asking "Would you like to round up for XYZ charity"? Am I pessimistic in thinking they're taking this money and donating it purely for free tax reduction?
Please explain to me how getting $1 and immediately donating it produces more than that $1 in tax reduction.
It isn't about reducing taxes, it's about getting some sort of altruistic branding/advertising at little to no cost.
It still actually costs the company money in customer throughput, signage, implementation, bookkeeping, etc...
Re: Never Give Money to Charity
#8Has anyone else noticed the rise in retail companies asking "Would you like to round up for XYZ charity"? Am I pessimistic in thinking they're taking this money and donating it purely for free tax reduction?
at the end of the day, if the charity is actually receiving the money that the company claims they are giving, does it really matter the ultimate reason for the company's decision to give the money?
Re: Never Give Money to Charity
#9Has anyone else noticed the rise in retail companies asking "Would you like to round up for XYZ charity"? Am I pessimistic in thinking they're taking this money and donating it purely for free tax reduction?
Please explain to me how getting $1 and immediately donating it produces more than that $1 in tax reduction. It isn't about reducing taxes, it's about getting some sort of altruistic branding/advertising at little to no cost. It still actually costs the company money in customer throughput, signage, implementation, bookkeeping, etc...
I don't know - that's why I was asking if this was the case.
Re: Never Give Money to Charity
#10The clothing example is silly, because donating clothes is as much about recycling as it is about charity, and the glut of recycled clothes in Africa has more to do with the shipping revolution and fast fashion than it does with people thinking their old jeans will go to a starving African.