It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: paraphi
For some very rich people these charitable foundations are a tax evasion plans, plus it keeps their celebrity status going.
Though I am sure they do some good and promote good causes
However, before I let the cynic in me take over there are also some very rich people who have done a huge deal of good. Most people have not heard of Sir Tom Hunter, Lord Sainsbury or Peter Cruddas, but there are many more.
Oh, and I know Bill Gates gets a lot of flak, but he is an exceptionally generous philanthropist who has changed the lives of millions.
originally posted by: Atsbhct
When my son was diagnosed with type 1 diabetes, we spent a week in hospital.
Part of our reading package included a phamplet regarding what we could now do for the JDRF (Juvenile Diabetes Research Fund) through volunteer work.
The JDRF actually hosts tons of fun events for kids and parents with T1D, BUT: their highest up employee makes $250,000. 🙄 Only 41% of donations (that families really, really work hard to raise) go toward diabetes research and diabetes grants. I find that abyssmal considering volunteers do 75% of the work.
originally posted by: eletheia
There should be no way to evade tax, the average and the poor are unable to do so and ...
originally posted by: paraphi
Oh, I don't know. My local builder is always taking cash in hand to avoid charging VAT for poorer customers. Not saying he did me a favour, or anything. I'm squeaky clean!