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Reply to "Reached goal - What happens next?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My old boss super rich on purpose gives ZERO to charity while alive. He knows they will just spend it. He is a great investor. CEO, he retired with 200 million at 50. Goal is to get it to one billion by time he passes away and then 100 percent to charities he has fully vetted and been on board. [/quote] I agree. I don't understand people who throw their hard earned money to charities. I believe charities waste most of the money anyway. I would rather invest in my family or people I personally know whom I can help. [/quote] This. I give exactly zero dollars to charity. I'm in the highest tax bracket and the government can support these people. My charity is at home. I have family members that I help out and have a sibling that lives hand to mouth that I absolutely will be supporting when she can no longer work. Not interested in giving it to a charity with bloated executive salaries, office space in DC, and ridutload retirement benefits. [/quote] As an NGO worker, you have no idea what yoy are talking about and I firmly believe you are using this narrative as an excuse to be cheap and selfish. Most charities are not bloated with executive salaries and are full of hard working people giving up much more lucrative options to do something good for others. Look beyond the name brand charities (although many of those are also good) and find local charities doing work in your community. [/quote]
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