• Double_A@discuss.tchncs.de
      link
      fedilink
      arrow-up
      99
      arrow-down
      22
      ·
      edit-2
      1 year ago

      If the charity itself is doing proper work, that makes sense tbh. I mean, if you had billions to donate, would you give it to some random ass organisation… Or set up your own thing to do things that you personally agree with?

      • Ichi_matsu@ttrpg.network
        link
        fedilink
        arrow-up
        58
        arrow-down
        11
        ·
        1 year ago

        Agreed, and I’m find with the tax deduction if the charity works they do is legit, it’s not like he is paying taxes anyway.

          • RedditWanderer@lemmy.world
            link
            fedilink
            arrow-up
            26
            arrow-down
            2
            ·
            1 year ago

            This is exactly the issue. He doesn’t “donate” shit. He opens a non-profit that does nothing but funnel his fortune to his children. It’s all a sham. Same as with that other clothing company who “donated” their entire fortune.

            • Kelsenellenelvial@lemmy.ca
              link
              fedilink
              arrow-up
              6
              ·
              1 year ago

              Not sure about elsewhere, but in Canada a Charity is a special kind of non-profit that has more public oversight as to how they manage their money, and allowed to write charitable receipts. Non-profits might do some good things, but you don’t get a tax credit for donating money to them, and there’s less oversight of how they’re managed.

      • SomeoneElseMod@feddit.ukOPM
        link
        fedilink
        arrow-up
        14
        ·
        1 year ago

        Honestly, I’d go for the middle option: donate to existing charities that appeal to me. I don’t want to run a charity, it sounds like a massive headache.

        • Kelsenellenelvial@lemmy.ca
          link
          fedilink
          arrow-up
          10
          ·
          1 year ago

          You’re probably a different demographic. I’d guess the kind of people that become billionaires, assuming they actually want to be philanthropic, think that they can do a better job of managing their charities than existing charities would do managing their donations.

          • SomeoneElseMod@feddit.ukOPM
            link
            fedilink
            arrow-up
            4
            ·
            1 year ago

            It’s definitely fair to say I’m in the “extremely unlikely to ever be a millionaire, let alone a billionaire” demographic!

    • CookieJarObserver@sh.itjust.works
      link
      fedilink
      arrow-up
      11
      arrow-down
      12
      ·
      1 year ago

      I mean if you donate billions you kinda don’t want someone do a extit scam or it going to some very sketchy places… Tax reduction is a point but pretty far down the list.

      And even if its for tax purposes, the money is then tied to certain purposes and will definitely do more good than as regular taxes. (and its way more than regular taxes)

      Man i hate that guy but this bashing isn’t justified.

      • SomeoneElseMod@feddit.ukOPM
        link
        fedilink
        arrow-up
        14
        arrow-down
        1
        ·
        1 year ago

        I wasn’t bashing him, just providing additional information as the headline is makes him sound like an altruistic hero “uniting humanity”. He isn’t. He will benefit from this in one way or another or else he wouldn’t do it.