I think it's important to mention that not all non-profits in the world have millions of dollars in grants and operating budgets. There are countless community-based non-profits that solve actual problems and never get any attention from donors and other funders. A large majority of funds often go to international organizations that are well connected while most small and truly-local organizations that work on the frontlines of global problems often have to operate with next to nothing.
I believe the vast majority of nonprofits are legitimate and operating on shoestring budgets. That said, I also believe that there are a few nonprofits that pull in enormous sums of money and use their status as nonprofits to evade taxes and egregiously take advantage of unsuspecting individuals.
Psychopath Christian ministries conning people into believing that this is God's work truth is this person doesn't really believe in God probably a secret atheist, anyone that is this soulless doesn't care about God or people, they don't care about broken people only their expensive toys Mansion jets and luxury side homes in other countries. Including their secret hookers and everything in between. Money corrupts it absolutely corrupts.
This is probably why we saw a great influx of so many out of country students getting scholarships on our public university soccer teams and being taken away from American soccer players. Most players here in our southeast state were not American citizens. It even grew to baseball and softball teams. American kids pushed aside and had to pay for school while out of country (never tax paying citizens) got a free ride. Its a disgrace!..
After working at an NFP for several years, I can confirm this kind of behaviour is not limited to those in the US. I have yet to see one that isn’t using their status as a means for moving cash and assets to the “stakeholders” advantage.
I stopped donating years ago when I found out about this. Its absolutely ridiculous that a non profit organization can do this. There should be stricter laws to prevent these from existing. But I’m sure they have grown far to powerful for that to ever happen
What folks do not realize is that many service provider businesses used to be small tax paying businesses. The influx of nonprofit transitions, transitioned many tax paying small businesses to tax exempt nonprofit service providers (providing same service....lets say transportation services for example) and became govt service providers resourced by another nonprofit or an agency and actually being paid more and do not have to pay taxes and can also pay themselves a great salary. All this influx of nonprofits have actually closed small businesses and lessened the tax base. Sounds scary huh? Many 100% totally directly or indirectly govt funded dependent nonprofits. ... When many nonprofits and even the private corporate world survive by govt grant (our tax dollars).... It is scary how many entities are supported by the govt (our tax dollars)....
The authorities aren't keeping very good track. I know someone who used his non-profit to buy a huge piece of land, buit a house, put up a roap course and calls it a youth retreat. Ps thanks for putting this out there! Most people have no idea.
I work for non profit and I can vouch this is true. All the micro mamagement and micro aggressions........grrrr It makes me doubt what kind of change in community are they talking about!
Regulations do not mandate good behavior. It's integrity, honesty, and the accountability of the individual. We have so many regulations and laws yet look at the crimes in our cities. It is the individual that is accountable and most importantly, they need to be regularly monitored and followed up by auditors. There are many regulations on the books yet remember many are written by several that are benefitting from these nonprofits, either directly or indirectly. And, unfortunately, we have to realize this.. Many are crooks.
I personally agree however many governments are corrupt as well and I believe that they are allowing zero accountability because they are secretly profiting from these nonprofits. It's claims non profit but I can assure you a lot of employees working for such places are profiting their own bank accounts. The buzz word con job on kind hearted people major predators con artists and seriously liars claiming to do all sorts of great things for the less fortunate, bull crap.
Part of the problem is that nonprofits playing by the legal rules and regulations can only use 10% of donations for administrative costs. That's rent, electric, computers, internet access, paychecks for employees, flyers, and advertising. All the other money is supposed to go to the programs provided. They can't grow big enough to deal with these more sizeable societal problems to make a dent. No nonprofit can work off volunteers alone and some people working for nonprofits are making so little, they can't afford shelter, food, and basics to survive. This is where we are. I am volunteering my time to get a nonprofit off the ground. I can't get paid. The kids we support would suffer. But how do I pay for gas for my car? The system is broken. Big charities are getting government grants, but there are so many hoops to jump through and the rules are tricky. I love what I do, but if I quit who is going to take up the slack? Especially when you're not getting paid to do so.
exactly, also people expect to get the best talent in to solve those big problems and pay them crap salary. It is stupid how the entire system is created. it literally does not allow for nonprofits to function at capacity to solve those problems.@@1blessedsavior
🤨📢🌐 NOT 🚫 A COINCIDENCE!!! CON-MEN ARE ORGANIZED CRIMNALS!! NON-PROFITS ARE A PERFECT NEST FOR SAID CRIMINALS TO EXPLOIT ANYONE... THEORY::::: MINIMUMIST HELP THEN THEY HIDE and RICO MONEY LAUNDERING INTO THE CRIMINALS POCKETS INSTEAD OF HELPING THE PEOPLE WHO THEY SWORE AS A NON PROFIT TO HELP THOSE IN NEED!!!!
I remember one of the biggest typhoons hit the Philippines years ago and devastated a whole region. So much Red Cross and other charities were gearing up all over social media in Europe and the west, all my friends and family were donating money and cash, sharing anything they could, felt like the whole world was donating, it was impressive. Meanwhile my friend who was actually there In the worse area never saw ANY aid, the whole time. Weeks, months later, nothing. However we did see lot of charity items for sell on places like eBay. Sadly the first level of corruption happens at the charity, then any charity that actually does make it then gets stolen by the subcontracting charities. Also while this was happening I was living opposite a big Red Cross headquarters and warehouse, they’re car park is filled with at least 100 different types of brand new suvs, trucks, pick up trucks. Guess what happened to all of them after the typhoon? Nothing. They all stayed there. No relief missions, nothing.
I worked with a non-profit in my country and it seems to be the same issue with finances. There is very little accountability and so even persons who donate thousands of dollars, don’t even know how that money is spent, they just never hear about it again.
Non profits and not for profits should be required to include the names and salaries and benefits of the top five salaried employees on all requests for money.
Nonprofits do not have to be charities or for social causes. A rich girl once got her parents to make a nonprofit that was essentially a party planning venture. She was "Chief Creative Officer". It later became a for-profit firm. Screw the birthday parties for poor kids.
Wow, nice video. When I was a kid I was once invited to panhandle from cars at a traffic light to raise money for a known charity. The organiser told me I could keep 80% of whatever I collect. 11-year-old me didn't see the problem with this and I was very disappointed when it was cancelled due to heavy rain.
I'm surprised they didn't take it all and took their own 80% cut that's usually how things work. I sold 100s of bucks worth of candy as a kid and got the cheapest prizes in return. I'm pretty sure that was a scam
You should cover the gates foundation in more detail. It is a influence and tax free inheritance vehicle for bill and Melinda. This is why she wanted to separate it when they divorced. If it was a purchase charity why did she get a refund?
I’m in the process of creating a nonprofit organization. In the US, it takes over $5000 to fully register, and it is many times easier to create a church. There is no good reason for the distinction.
I remember how gates foundationtion was against vaccine research and manufatcture in India. Despite being one of the top country with Pharma infrastructure and export. He said something like it was too risky to leave vaccine technology to countries other than US and EU.
That was about mRNA tech, which was developed in the year of pandemic. Infact gates foundation funded 250 million USD to serum institute of India to enable them start production for COVAX initiative.
@Abhishek Anand still mRNA tech is the most advanced tech. in vaccine right now, thus withholding the latest and greatest for themselves. Remember, he has shares in other companies utilizing mRNA. Gates is a good philanthropist and has done a lot for the world, but he is a businessman man first.
@@xse345 not denying his conflict of interest could be a factor, yet thinking practically mRNA vaccines are still pretty useless for emerging countries where seamless near cryogenic level logistics is impossible. In india we have emergency use authorization for both Pfizer and moderna, yet they're hardly being used. And constructing infrastructure for such a cutting edge tech in matter of months that too during a pandemic and supply chain disruptions was simply infeasible
What a great video. This will make me much more careful about how I give away money. And one general rule of thumb I apply is, the smaller the organization and the less flashy they are, the more honest they are
Tax avoidance is not tax evasion. Semantics can make you rich if you know what you are doing. Or it can make you greedy, which gets you caught up in your scheme.
As somebody who wanted to start a non profit it shouldn't be about the fancy houses and nice cars it should be about helping others, changing the world, not having a ton of money in the bank. Hell, if I started a non profit I'd prefer to take a very small salary.
In Ukraine charities are now used to facilitate border crossings for people barred therefrom (18-60 y.o. males - war, martial law) giving them an alibi of a foreign mission. That costs thousands of dollars: recently guys in my area were arrested for a $16k bribe (UAH 600k!) to a veterans' (?) charity to confirm a guy's disability.
Caya, I love all your advice and agree with a lot of your opinions. This is a great video but I hope your community managers are ready because once some the followers of some the people you talk about find this video all hell may break lose in your comment section. Wish ya best and hope no hate comes your way
Slidebean, People need more of the type of exposure and information you have shared. To me just thinking of the term nonprofit is totally misleading because to me that term makes me think that these people aren't making a profit at all. Also one thing many nonprofits want you to believe is that "No salaries are paid to any of our loyal volunteers." which in most all cases is true. Why? because they are simply that, just volunteers. However the staff in most cases do get paid because they are part of the nonprofit organization. Yet none of these nonprofit organizations that I have read about add only staff members are paid. I saw another video of yours but the echo was so much that I couldn't understand it very well. Keepem Coming!
I personally do not donate. Imagine creating an organization that provides free walking sticks to people who have lost toes to diabetes. The CEO pays himself a salary for managing the organization and skims some more money in alleged extra hours his employees work. Maybe even buy a car and justify and tax-write off the expense as a company car needed for work. Add extras to the stick like a rubber tip and a flashlight on the handle, etc each added expense is an opportunity to skim more from the donation and of course outsource the labor of the stick and its components to his cousin for some monetary kick backs. And claim this company as nonprofit tax free income. Every donation incurs a transaction fee.
The Tony Elumelu Foundation, They give a $5000 to at least 1000 African entrepreneur every year... Most probably one of the best, if not the best non-profit in Africa from my perspective...
Great video. It seems people have to to learn to be devious and insincere to get a cut through into the nonprofit arena, then (hopefully) revert to the original charitable intent.
I, too, was naive about non-profits. I started working for an NP agency that works with the disabled. The top management made very high salaries while the workers (who actually worked with the disabled) made below a living wage. I changed agencies and found the same thing plus nepotism. It's a racket.
Slidebean, I give to Covenant House helping young people. I feel passionate about the younger generation, I suppose it was when I was 17 years of age an organization reach out help me when I really needed it. So I look for one non profit that help out young people. Thank you for great video.
And how to report when a NGO that does money laundry tells to the public that they're terminated but in reality they just deleted all their social media and are still active?
Many small businesses that provided services transitioned to govt service provider nonprofits that provide those same services like services for the mentally ill or education or even transportation services (many services) .... Nonprofits can put private individuals out of business because of the established referral system that refers to "certain" chosen private individuals like doctors etc. .... That way it omits responsibility of a quote or proposal system that's required to provide direct services .... If funneled thru a nonprofit it eliminates the accountability from the agency? Is that correct?
You hit right on with what we see here in some Detroit non profits.( it seems ) lol. They are super nice and after you sign paperwork, they do t care what you get. And they will threaten to cut you out if you ask them questions they dont like. As long as they get paid.
16:18 It is funny how you slipped the rotary in there, a vague organisation with a lot of question marks. I hope you are not a member, because this is almost the only reason one would slip its name in their conversation.
Thanks for the video Slidebean. And yea, when you pointed out that pastor... man, that's really a painful topic, and the worst part of it is this: I don't even care for this particular pastor because he is basically evil on display and I'm pretty sure he is not promoting the true Gospel of Jesus Christ; but what gets me the most is when I hear that quote, "If Jesus was physically on the Earth today, he wouldn't be riding a donkey..." or something in the like manner sometimes used by pastors and officials of the Church who I respect and who are promoting the true Gospel. It's just painful and sorrowful to witness. Here is the thing for all the people to see and understand: the Bible presents Jesus as God and man in one person. The Bible also presented Jesus while He was on earth as a poor man, who, as He said to one person, "Foxes have holes and birds of the air have nests, but the Son of Man has no place to lay his head" - let alone a jet, where He could also enjoy a couple of martinis and some nice over the top foods. Were there no mansions and expensive, over the top chariots in Jesus' day? Is the ministry of this pastor far more important than the ministry Christ Himself had while He was on earth? Yet, we see Jesus traveling by foot most of His ministry. ON FREAKIN' FOOT! THE ETERNAL GOD IN FLESH, WHO IS SO HUMBLE, UNLIKE HIS CONTEMPORARIES BY RANK (kings, princes, officials, priests, you name it), WHO ALL USED THE MOST ASTONISHING MEANS OF TRANSPORT AT THAT TIME, WE WITNESS FROM THE TEXT ITSELF THIS MOST REMARKABLE MAN (the King of kings) TRAVELING ABOUT ACROSS ISRAEL ON FOOT - A FOOT SOLIDER, for crying out loud! And today we hear such outrageous and detestable claims, and not just claims but justifications for wrongdoings from people who supposedly follow Him that it makes me want to puke. I applaud you for not trusting this man whose finances you reviewed and any like him. Him and people like him will ultimately suffer for their extravagant, corrupted and deceitful lives if they continue in their deceit, and don't actually repent and start living lives in 180 degrees from what they are living right now. Thanks for the valuable information you provided. Cheers! :)
He was just the Charlie Manson, David Koresh or Jim Jones of his day. The early Christians were the Jewish Taliban. He even called pagans “dogs”. I wouldn’t venerate anyone who likens me to a dog.
I don’t trust donating to hardly anything, because of this very thing. I know some people that are a part of running some of the emergency response contributions of the lds church and they do a great job and are trustworthy imo, not screwing around with peoples money.
This is a Great video!! Thanks for sharing your knowledge on this topic. I am curious to know which websites can be used as credible resources to research nonprofits and what terminology to use to find the operational cost for nonprofits in addition to Charity Navigator.
CAYA, you showed Shakira's Pies Descalzos Non-profit in the beginning of the video but didn't talk anything about it, you got me for a moment and exhale relieved, hahahaha
Caya, It is really none of my business but your hair is rapidly becoming a not-for-any-profit aesthetically. Bring back my favorite TH-cam CEO. Shrooms could grow in there😉It's on a light note but seriously!
@@slidebean The barber will have genuine for-profit business this week! I want to be a fly in the wall to see lawn mowers and chainsaws jam! I am kidding guys!
FIFA has never claimed to be non-profit. It is technically a “sportverein”/sports club.. This is also for the purpose of taxes etc. However this means they still pay taxes and have never posed as being a non-profit.
If vanguard etc can run their ETF’s for less than 2% fees then all NGO’s and Charities and Foundations can. Change the law so maximum expenses are 2% or less for non profits.
I only donate locally. My Humane Society pays no one. Yes there are many costs to keep the shelter going: food bills, building upkeep and utilities bills, huge vet bills etc. but it is ALL for the animals. Give an item your specific Scout troop NEEDS and it belongs to that troop. If you buy a box of cookies or popcorn the local troop gets pennies on the dollar. Troops don"t HAVE to sell stuff. There are endless wants an needs (and greedy self-proclaimed religious who steal airplanes) so do your research. We want to help the NEEDY not the GREEDY!
I found your channel via a comments section on another channel's video.. Awesome content! It is refreshing to see younger people (Im a late Gen Xer) not kowtow to the insane zombie Marxist mob. Your video on the space race and how capitalism is fueling innovation was spot-on and is a great example of how decentralized free markets are the way for the future of humanity, not bloated bureaucratic government organizations
@@tomymelon6293 because unlike government, who is the biggest scammer hiding behind a veil of legitimacy, you are not forced at the threat of imprisonment to fund them. Sure there will still be scammers. But it is way more immoral to force people to give money to a legal Mafia than to ask people to voluntarily hand over money to a private organization
@@chrisramsey6725 the reality is a mix of something in between. Smaller government, with a focus on utilities / defense / health / education / anti-monopoly. Completely free market/libertarianism just leads to the same problems as big government but with big corporations, and benefits those who a) can, and b) will, be the most aggressive & deceptive. The two sides (government & private business) need to balance eachother out & counteract the abusive elements of eachother.
It is insulting and audacious for anyone to be begging for money for religion or for animals or any other spurious purpose which can not open its books and conclusively prove that the vast majority of their money is going for explicitly helping the American people!. Every day people in this country lose their jobs, their housing their lives and a host of other things.. Try telling your landlord that you cannot pay because you donated to the ASPCA. I' m sure he'll be impressed when you're out on the street. Also large ceo salaries for charities (I'm talking about 6 figures or in the case of Memorial Sloan Kettering in New York it's more like 7 figures; over 2 miillion dollars per year. Unless the head of this organization can cure cancer by himself neither he nor any other ceo deserves that kind of money nor can they justify it no matter what kind of BS they shovel with their mouths about how all ceo's say that is the trend nowadays and it's the only way to get top notched talent. What crap! They have no idea nor do they care how it looks to be the head of a "charity" and earn the kind of money that ordinary working people with all their problems will never see in their lifetimes. Think about this for a moment. One of the greatest sacrifices ever made for the benefit of mankind was the Normandy invasion on June 6 1944 which opened a 2nd front in the war in Europe. That's an accomplishment yet nobody was paid 6 figures for the planning, the leadership, and the sacrifice that it took to pull it off. If wealthy people want to throw their money everytime at pitchmen or at sobby animal emotional stories then let them. But if ordinary people didn't donate money the "charity" knows it can't survive. Real charity begins at home or in the community; not on the 29th floor of Trump Tower.
entrepreneurship,business,startup,corporate world,money making,business crime etc PLEASE MAKE VIDEOS ON MOVIES AND SHOWS OF ABOVE TOPIC IF THERE ARE MORE OR ANY NEW ONES THANKYOU
There's something really large and arguably most important being lost here: IMPACT (how much good the charity actually does). We use proxies like 'overhead' to try and determine this, but they're not the same thing (and often diverge substantially). Here's what I mean: You have $100 to donate to a charity that cures a certain disease and you're trying to decide between two charities: Charity A: 40% Overhead 60% Intervention Spend (what actually goes to projects) Charity B: 10% Overhead 90% Intervention Spend (what actually goes to projects) Based on this alone, one would say that charity B is superior to charity A. But what if Charity A's intervention/programs were more effective at converting donations into positive impact? For the sake of this hypothetical example, let's assume a 5x difference. Charity A: 40% Overhead 60% Intervention Spend (what actually goes to projects) $1 Cures 5 people with (insert disease here) Impact: ($60*5=300 people cured) Charity B: 10% Overhead 90% Intervention Spend (what actually goes to projects) $1 Cures 1 person with (insert disease here) Impact: ($90*1=90 people cured) This example should hopefully illustrate that what ACTUALLY matters is the effectiveness/impact of an organization or intervention, not proxies like overhead/marketing spend/CEO salary/etc. GiveWell is a charity evaluator that focuses predominantly on Impact and largely shifted my views on this.
There is no such thing as Non-profit without making profits. Bills to be paid, food needs to be on the table. Simple as that. I lost trust in humanity.
Can you make a video about this air-up bootle startup, as an example of how startups can become unicorns based on hitting a trend and charging ridiculous margins for shitty wasteful products? (50 bucks for a bottle) Just to then go IPO and sell all their shares to the poor idiots who think they are buying a valuable stock. I think companies like that are the blight of the startup world and generated nothing, but waste and shit products, while being no different than your typical pump and dump scheme.
I'm one of those people who think rich people should be taxed more why does everyone I know who's struggling pay more tax than some million or billionaires just so they can get another private plane or lambo ect
I think it's important to mention that not all non-profits in the world have millions of dollars in grants and operating budgets. There are countless community-based non-profits that solve actual problems and never get any attention from donors and other funders. A large majority of funds often go to international organizations that are well connected while most small and truly-local organizations that work on the frontlines of global problems often have to operate with next to nothing.
That should go without saying. It’s usually the large ones, and more known non profits, that abuse the system to enrich their shareholders.
Right
Keep believing that. There may be a few but they arent a majority.
I believe the vast majority of nonprofits are legitimate and operating on shoestring budgets. That said, I also believe that there are a few nonprofits that pull in enormous sums of money and use their status as nonprofits to evade taxes and egregiously take advantage of unsuspecting individuals.
Yeas
“GOD wants me to have that plane!” Is crazyyyy 😭😭😭✌🏽
No it's not
What's crazier is that people eat it up and keep giving the guy money.
Psychopath Christian ministries conning people into believing that this is God's work truth is this person doesn't really believe in God probably a secret atheist, anyone that is this soulless doesn't care about God or people, they don't care about broken people only their expensive toys Mansion jets and luxury side homes in other countries. Including their secret hookers and everything in between. Money corrupts it absolutely corrupts.
This is probably why we saw a great influx of so many out of country students getting scholarships on our public university soccer teams and being taken away from American soccer players. Most players here in our southeast state were not American citizens. It even grew to baseball and softball teams. American kids pushed aside and had to pay for school while out of country (never tax paying citizens) got a free ride. Its a disgrace!..
After working at an NFP for several years, I can confirm this kind of behaviour is not limited to those in the US. I have yet to see one that isn’t using their status as a means for moving cash and assets to the “stakeholders” advantage.
the older I get, the less I trust.
@@wisdomfromthecave name checks out
I stopped donating years ago when I found out about this. Its absolutely ridiculous that a non profit organization can do this. There should be stricter laws to prevent these from existing. But I’m sure they have grown far to powerful for that to ever happen
Now try to figure out why right wingers are pro charity and anti social programs.
What folks do not realize is that many service provider businesses used to be small tax paying businesses. The influx of nonprofit transitions, transitioned many tax paying small businesses to tax exempt nonprofit service providers (providing same service....lets say transportation services for example) and became govt service providers resourced by another nonprofit or an agency and actually being paid more and do not have to pay taxes and can also pay themselves a great salary. All this influx of nonprofits have actually closed small businesses and lessened the tax base. Sounds scary huh? Many 100% totally directly or indirectly govt funded dependent nonprofits. ... When many nonprofits and even the private corporate world survive by govt grant (our tax dollars).... It is scary how many entities are supported by the govt (our tax dollars)....
The authorities aren't keeping very good track. I know someone who used his non-profit to buy a huge piece of land, buit a house, put up a roap course and calls it a youth retreat.
Ps thanks for putting this out there! Most people have no idea.
You feel comfortable allowing the IRS to take 21% of YOUR business hard earned income? Didn’t think so. NFP the world
Greed equals corruption.
I used to work for a non-profit. No scams, just an opera house that does operas.
I work for non profit and I can vouch this is true. All the micro mamagement and micro aggressions........grrrr
It makes me doubt what kind of change in community are they talking about!
Non profits are great in concept, they just need a LOT more regulation.
coarprate lobbying 🤩🤩
Regulations do not mandate good behavior. It's integrity, honesty, and the accountability of the individual. We have so many regulations and laws yet look at the crimes in our cities. It is the individual that is accountable and most importantly, they need to be regularly monitored and followed up by auditors. There are many regulations on the books yet remember many are written by several that are benefitting from these nonprofits, either directly or indirectly. And, unfortunately, we have to realize this.. Many are crooks.
Look into why MN is a non-profit Mecca. Very crooked.
I personally agree however many governments are corrupt as well and I believe that they are allowing zero accountability because they are secretly profiting from these nonprofits. It's claims non profit but I can assure you a lot of employees working for such places are profiting their own bank accounts. The buzz word con job on kind hearted people major predators con artists and seriously liars claiming to do all sorts of great things for the less fortunate, bull crap.
Nonprofits never seem to solve the problems they were founded to solve.
Exactly! We have been discussing this in our community.
Part of the problem is that nonprofits playing by the legal rules and regulations can only use 10% of donations for administrative costs. That's rent, electric, computers, internet access, paychecks for employees, flyers, and advertising. All the other money is supposed to go to the programs provided. They can't grow big enough to deal with these more sizeable societal problems to make a dent. No nonprofit can work off volunteers alone and some people working for nonprofits are making so little, they can't afford shelter, food, and basics to survive. This is where we are. I am volunteering my time to get a nonprofit off the ground. I can't get paid. The kids we support would suffer. But how do I pay for gas for my car? The system is broken. Big charities are getting government grants, but there are so many hoops to jump through and the rules are tricky. I love what I do, but if I quit who is going to take up the slack? Especially when you're not getting paid to do so.
Most are actually working towards the day when they become obsolete.
exactly, also people expect to get the best talent in to solve those big problems and pay them crap salary. It is stupid how the entire system is created. it literally does not allow for nonprofits to function at capacity to solve those problems.@@1blessedsavior
🤨📢🌐 NOT 🚫 A COINCIDENCE!!! CON-MEN ARE ORGANIZED CRIMNALS!!
NON-PROFITS ARE A PERFECT NEST FOR SAID CRIMINALS TO EXPLOIT ANYONE...
THEORY::::: MINIMUMIST HELP THEN THEY HIDE and RICO MONEY LAUNDERING INTO THE CRIMINALS POCKETS INSTEAD OF HELPING THE PEOPLE WHO THEY SWORE AS A NON PROFIT TO HELP THOSE IN NEED!!!!
I remember one of the biggest typhoons hit the Philippines years ago and devastated a whole region. So much Red Cross and other charities were gearing up all over social media in Europe and the west, all my friends and family were donating money and cash, sharing anything they could, felt like the whole world was donating, it was impressive. Meanwhile my friend who was actually there In the worse area never saw ANY aid, the whole time. Weeks, months later, nothing. However we did see lot of charity items for sell on places like eBay. Sadly the first level of corruption happens at the charity, then any charity that actually does make it then gets stolen by the subcontracting charities. Also while this was happening I was living opposite a big Red Cross headquarters and warehouse, they’re car park is filled with at least 100 different types of brand new suvs, trucks, pick up trucks. Guess what happened to all of them after the typhoon? Nothing. They all stayed there. No relief missions, nothing.
Global charity is the poor of rich nations giving money to the rich of poor nations.
I worked with a non-profit in my country and it seems to be the same issue with finances. There is very little accountability and so even persons who donate thousands of dollars, don’t even know how that money is spent, they just never hear about it again.
Non profits and not for profits should be required to include the names and salaries and benefits of the top five salaried employees on all requests for money.
They actually do this when filling taxes, if you look it up on the irs page and put the organization's name, you can see this information.
they are doing it every single year. saying stuff like this just goes to show how little you know.
Nonprofits do not have to be charities or for social causes. A rich girl once got her parents to make a nonprofit that was essentially a party planning venture. She was "Chief Creative Officer". It later became a for-profit firm. Screw the birthday parties for poor kids.
Wow, nice video. When I was a kid I was once invited to panhandle from cars at a traffic light to raise money for a known charity. The organiser told me I could keep 80% of whatever I collect. 11-year-old me didn't see the problem with this and I was very disappointed when it was cancelled due to heavy rain.
I'm surprised they didn't take it all and took their own 80% cut that's usually how things work. I sold 100s of bucks worth of candy as a kid and got the cheapest prizes in return. I'm pretty sure that was a scam
So, you were almost an underage commissioner salesman? Selling good vibes?
You should cover the gates foundation in more detail. It is a influence and tax free inheritance vehicle for bill and Melinda. This is why she wanted to separate it when they divorced. If it was a purchase charity why did she get a refund?
I'll never understand how pastor are so famous in America. How? And why? Side note: I'm from Italy
I’m in the process of creating a nonprofit organization. In the US, it takes over $5000 to fully register, and it is many times easier to create a church. There is no good reason for the distinction.
Why that much?
I remember how gates foundationtion was against vaccine research and manufatcture in India. Despite being one of the top country with Pharma infrastructure and export. He said something like it was too risky to leave vaccine technology to countries other than US and EU.
That was about mRNA tech, which was developed in the year of pandemic.
Infact gates foundation funded 250 million USD to serum institute of India to enable them start production for COVAX initiative.
@Abhishek Anand still mRNA tech is the most advanced tech. in vaccine right now, thus withholding the latest and greatest for themselves. Remember, he has shares in other companies utilizing mRNA. Gates is a good philanthropist and has done a lot for the world, but he is a businessman man first.
@@xse345 not denying his conflict of interest could be a factor, yet thinking practically mRNA vaccines are still pretty useless for emerging countries where seamless near cryogenic level logistics is impossible.
In india we have emergency use authorization for both Pfizer and moderna, yet they're hardly being used.
And constructing infrastructure for such a cutting edge tech in matter of months that too during a pandemic and supply chain disruptions was simply infeasible
@@xse345 Bahahaha Bill Gates and Jiffy Epstein are the real island boys.
What a great video. This will make me much more careful about how I give away money. And one general rule of thumb I apply is, the smaller the organization and the less flashy they are, the more honest they are
They are honest until they get flashy. My rule of thumb is to not give away my money. If I want to contribute to a cause, there are other means.
That joke when you said for profit companies pay taxes was hilarious
Your videos are just over the top in the best way possible. Great work!
Been in the industry only 3 years but figured this shit out quite quick
Tax avoidance is not tax evasion. Semantics can make you rich if you know what you are doing. Or it can make you greedy, which gets you caught up in your scheme.
Thanks!
It's usually a cookie jar of money for the founder, mission statement, ha!
“Oh I’m gonna get burnt for this” 😅🤣😂
If you want to help, help direct to your friends. Family, neighbors. Why give away money to the powerful non profits.
Congratulations Caya, and all the team, for another really good video!
I am an accountant and over here in brazil there is no double taxation on dividends.
Excellent eye opener video. Thanks for raising awerness about this important issue.
I hate that such media doesn't go viral unlike the mainstream brainwashing media
Wait, FIFA is a non profit?? 😲 They act like frigging wolves of wall street.
Fight that are so obviously corrupt they are like cartoon characters
Fight that are so obviously corrupt they are like cartoon characters
As somebody who wanted to start a non profit it shouldn't be about the fancy houses and nice cars it should be about helping others, changing the world, not having a ton of money in the bank. Hell, if I started a non profit I'd prefer to take a very small salary.
In Ukraine charities are now used to facilitate border crossings for people barred therefrom (18-60 y.o. males - war, martial law) giving them an alibi of a foreign mission. That costs thousands of dollars: recently guys in my area were arrested for a $16k bribe (UAH 600k!) to a veterans' (?) charity to confirm a guy's disability.
Caya, I love all your advice and agree with a lot of your opinions. This is a great video but I hope your community managers are ready because once some the followers of some the people you talk about find this video all hell may break lose in your comment section. Wish ya best and hope no hate comes your way
Slidebean, People need more of the type of exposure and information you have shared. To me just thinking of the term nonprofit is totally misleading because to me that term makes me think that these people aren't making a profit at all.
Also one thing many nonprofits want you to believe is that "No salaries are paid to any of our loyal volunteers." which in most all cases is true. Why? because they are simply that, just volunteers. However the staff in most cases do get paid because they are part of the nonprofit organization. Yet none of these nonprofit organizations that I have read about add only staff members are paid. I saw another video of yours but the echo was so much that I couldn't understand it very well. Keepem Coming!
I personally do not donate. Imagine creating an organization that provides free walking sticks to people who have lost toes to diabetes. The CEO pays himself a salary for managing the organization and skims some more money in alleged extra hours his employees work. Maybe even buy a car and justify and tax-write off the expense as a company car needed for work. Add extras to the stick like a rubber tip and a flashlight on the handle, etc each added expense is an opportunity to skim more from the donation and of course outsource the labor of the stick and its components to his cousin for some monetary kick backs. And claim this company as nonprofit tax free income. Every donation incurs a transaction fee.
The Tony Elumelu Foundation, They give a $5000 to at least 1000 African entrepreneur every year...
Most probably one of the best, if not the best non-profit in Africa from my perspective...
As a South African I am not surprised we on the bribery list as in part of FIFA corruption 😂.
at 5:10 I thought you said "this crazy bastard" and after rewinding like 5 times I was disappointed and realized you said "this crazy pastor"
Great video. It seems people have to to learn to be devious and insincere to get a cut through into the nonprofit arena, then (hopefully) revert to the original charitable intent.
I, too, was naive about non-profits. I started working for an NP agency that works with the disabled. The top management made very high salaries while the workers (who actually worked with the disabled) made below a living wage. I changed agencies and found the same thing plus nepotism. It's a racket.
Slidebean, I give to Covenant House helping young people. I feel passionate about the younger generation, I suppose it was when I was 17 years of age an organization reach out help me when I really needed it. So I look for one non profit that help out young people. Thank you for great video.
It took me 2 months of working at unicef to see no money was going to where it should, and there were phantom projects for which people donated
And how to report when a NGO that does money laundry tells to the public that they're terminated but in reality they just deleted all their social media and are still active?
Many small businesses that provided services transitioned to govt service provider nonprofits that provide those same services like services for the mentally ill or education or even transportation services (many services) .... Nonprofits can put private individuals out of business because of the established referral system that refers to "certain" chosen private individuals like doctors etc. .... That way it omits responsibility of a quote or proposal system that's required to provide direct services .... If funneled thru a nonprofit it eliminates the accountability from the agency? Is that correct?
6:50 So Q-Anon was right about the Gates foundation?
You hit right on with what we see here in some Detroit non profits.( it seems ) lol. They are super nice and after you sign paperwork, they do t care what you get. And they will threaten to cut you out if you ask them questions they dont like. As long as they get paid.
Please talk about contractors/NGOs who are working in development countries and regularly receiving money from USAID.
16:18 It is funny how you slipped the rotary in there, a vague organisation with a lot of question marks. I hope you are not a member, because this is almost the only reason one would slip its name in their conversation.
Hmm 🤔
THANK YOU FOR THE VIDEO!!!! GREAT BREAKDOWN!!
Thanks for the video Slidebean. And yea, when you pointed out that pastor... man, that's really a painful topic, and the worst part of it is this: I don't even care for this particular pastor because he is basically evil on display and I'm pretty sure he is not promoting the true Gospel of Jesus Christ; but what gets me the most is when I hear that quote, "If Jesus was physically on the Earth today, he wouldn't be riding a donkey..." or something in the like manner sometimes used by pastors and officials of the Church who I respect and who are promoting the true Gospel. It's just painful and sorrowful to witness.
Here is the thing for all the people to see and understand: the Bible presents Jesus as God and man in one person. The Bible also presented Jesus while He was on earth as a poor man, who, as He said to one person, "Foxes have holes and birds of the air have nests, but the Son of Man has no place to lay his head" - let alone a jet, where He could also enjoy a couple of martinis and some nice over the top foods.
Were there no mansions and expensive, over the top chariots in Jesus' day? Is the ministry of this pastor far more important than the ministry Christ Himself had while He was on earth? Yet, we see Jesus traveling by foot most of His ministry. ON FREAKIN' FOOT! THE ETERNAL GOD IN FLESH, WHO IS SO HUMBLE, UNLIKE HIS CONTEMPORARIES BY RANK (kings, princes, officials, priests, you name it), WHO ALL USED THE MOST ASTONISHING MEANS OF TRANSPORT AT THAT TIME, WE WITNESS FROM THE TEXT ITSELF THIS MOST REMARKABLE MAN (the King of kings) TRAVELING ABOUT ACROSS ISRAEL ON FOOT - A FOOT SOLIDER, for crying out loud! And today we hear such outrageous and detestable claims, and not just claims but justifications for wrongdoings from people who supposedly follow Him that it makes me want to puke.
I applaud you for not trusting this man whose finances you reviewed and any like him. Him and people like him will ultimately suffer for their extravagant, corrupted and deceitful lives if they continue in their deceit, and don't actually repent and start living lives in 180 degrees from what they are living right now.
Thanks for the valuable information you provided. Cheers! :)
In Australia they are very strict on fraud he would be charged with fraud tax evasion
He was just the Charlie Manson, David Koresh or Jim Jones of his day. The early Christians were the Jewish Taliban. He even called pagans “dogs”. I wouldn’t venerate anyone who likens me to a dog.
I don’t trust donating to hardly anything, because of this very thing. I know some people that are a part of running some of the emergency response contributions of the lds church and they do a great job and are trustworthy imo, not screwing around with peoples money.
i dont get why your videos get so little views. this is so fucking good
When money goes up... tax should follow. (If money going up... exemptions shouldn't apply, not a charity, an investment vehicle)
This is a Great video!! Thanks for sharing your knowledge on this topic. I am curious to know which websites can be used as credible resources to research nonprofits and what terminology to use to find the operational cost for nonprofits in addition to Charity Navigator.
CAYA, you showed Shakira's Pies Descalzos Non-profit in the beginning of the video but didn't talk anything about it, you got me for a moment and exhale relieved, hahahaha
Worker owned cooperatives are the best.
Caya, It is really none of my business but your hair is rapidly becoming a not-for-any-profit aesthetically. Bring back my favorite TH-cam CEO. Shrooms could grow in there😉It's on a light note but seriously!
I think Slidebean is pro-fro
He did have a hair appointment this week though to neaten it up 🤓
@@slidebean 😁Yeah? Okay Pro-fro is better than not-for-pro! I guess you get a pass!
@@slidebean The barber will have genuine for-profit business this week! I want to be a fly in the wall to see lawn mowers and chainsaws jam! I am kidding guys!
What is the charity rating site he mentioned?
Thanks for enlightening me with this video I'm done donating 🙅
Dividends are not taxed at company level... they are taxed at the hands of the shareholders
Many businesses use Private Jets as its more viable than using commercial scheduled airlines, which factor in extra hotels, delays, inflexibility.
Excellent video. I love this mode of analysis - it's an area it's helping me form a reason to dive into.
Really enjoyed this one!
Was that your phone vibrating from 7-8 min in?
FIFA has never claimed to be non-profit. It is technically a “sportverein”/sports club.. This is also for the purpose of taxes etc. However this means they still pay taxes and have never posed as being a non-profit.
The picture of dollar bills raining over the fifa boss is epic 😁
If vanguard etc can run their ETF’s for less than 2% fees then all NGO’s and Charities and Foundations can. Change the law so maximum expenses are 2% or less for non profits.
I only donate locally. My Humane Society pays no one. Yes there are many costs to keep the shelter going: food bills, building upkeep and utilities bills, huge vet bills etc. but it is ALL for the animals. Give an item your specific Scout troop NEEDS and it belongs to that troop. If you buy a box of cookies or popcorn the local troop gets pennies on the dollar. Troops don"t HAVE to sell stuff. There are endless wants an needs (and greedy self-proclaimed religious who steal airplanes) so do your research. We want to help the NEEDY not the GREEDY!
Makes you think how weird it was When in 2021 Ronaldo criticized Coca-Cola his carrer and imaged started to turn sideways.
I found your channel via a comments section on another channel's video.. Awesome content! It is refreshing to see younger people (Im a late Gen Xer) not kowtow to the insane zombie Marxist mob. Your video on the space race and how capitalism is fueling innovation was spot-on and is a great example of how decentralized free markets are the way for the future of humanity, not bloated bureaucratic government organizations
How would free markets help prevent non profits from scamming people?
Oh what was the other channel 👀
@@slidebean Somenody mentioned it on Moon. Also a good channel.
@@tomymelon6293 because unlike government, who is the biggest scammer hiding behind a veil of legitimacy, you are not forced at the threat of imprisonment to fund them. Sure there will still be scammers. But it is way more immoral to force people to give money to a legal Mafia than to ask people to voluntarily hand over money to a private organization
@@chrisramsey6725 the reality is a mix of something in between. Smaller government, with a focus on utilities / defense / health / education / anti-monopoly. Completely free market/libertarianism just leads to the same problems as big government but with big corporations, and benefits those who a) can, and b) will, be the most aggressive & deceptive. The two sides (government & private business) need to balance eachother out & counteract the abusive elements of eachother.
Amazing video as usual ❤️
Which one more crazy, a man asking private jet to preach, or those that give the money to enable it.
Rich folks invest millions as tax write-offs. Those at the top of the NP make quite a bit. Grant writers with hookupake a lot.
It is insulting and audacious for anyone to be begging for money for religion or for animals or any other spurious purpose which can not open its books and conclusively prove that the vast majority of their money is going for explicitly helping the American people!. Every day people in this country lose their jobs, their housing their lives and a host of other things.. Try telling your landlord that you cannot pay because you donated to the ASPCA. I' m sure he'll be impressed when you're out on the street. Also large ceo salaries for charities (I'm talking about 6 figures or in the case of Memorial Sloan Kettering in New York it's more like 7 figures; over 2 miillion dollars per year. Unless the head of this organization can cure cancer by himself neither he nor any other ceo deserves that kind of money nor can they justify it no matter what kind of BS they shovel with their mouths about how all ceo's say that is the trend nowadays and it's the only way to get top notched talent. What crap! They have no idea nor do they care how it looks to be the head of a "charity" and earn the kind of money that ordinary working people with all their problems will never see in their lifetimes. Think about this for a moment. One of the greatest sacrifices ever made for the benefit of mankind was the Normandy invasion on June 6 1944 which opened a 2nd front in the war in Europe. That's an accomplishment yet nobody was paid 6 figures for the planning, the leadership, and the sacrifice that it took to pull it off. If wealthy people want to throw their money everytime at pitchmen or at sobby animal emotional stories then let them. But if ordinary people didn't donate money the "charity" knows it can't survive. Real charity begins at home or in the community; not on the 29th floor of Trump Tower.
Hey Caya, where do you get this awesome music?
entrepreneurship,business,startup,corporate world,money making,business crime etc
PLEASE MAKE VIDEOS ON MOVIES AND SHOWS OF ABOVE TOPIC IF THERE ARE MORE OR ANY NEW ONES THANKYOU
There's something really large and arguably most important being lost here: IMPACT (how much good the charity actually does). We use proxies like 'overhead' to try and determine this, but they're not the same thing (and often diverge substantially). Here's what I mean:
You have $100 to donate to a charity that cures a certain disease and you're trying to decide between two charities:
Charity A:
40% Overhead
60% Intervention Spend (what actually goes to projects)
Charity B:
10% Overhead
90% Intervention Spend (what actually goes to projects)
Based on this alone, one would say that charity B is superior to charity A. But what if Charity A's intervention/programs were more effective at converting donations into positive impact? For the sake of this hypothetical example, let's assume a 5x difference.
Charity A:
40% Overhead
60% Intervention Spend (what actually goes to projects)
$1 Cures 5 people with (insert disease here)
Impact: ($60*5=300 people cured)
Charity B:
10% Overhead
90% Intervention Spend (what actually goes to projects)
$1 Cures 1 person with (insert disease here)
Impact: ($90*1=90 people cured)
This example should hopefully illustrate that what ACTUALLY matters is the effectiveness/impact of an organization or intervention, not proxies like overhead/marketing spend/CEO salary/etc. GiveWell is a charity evaluator that focuses predominantly on Impact and largely shifted my views on this.
There is no such thing as Non-profit without making profits. Bills to be paid, food needs to be on the table. Simple as that. I lost trust in humanity.
Now we know why Stark never had a foundation!
My favorite Non-Profits are Partners in Health and The Bail Project
It's all human nature and it will never stop, or improve.
you guys should do more Collabs and grow this channel to the moon . BTW content is Good as always
Heard that Infantino settled down with the family (permanent residence) in Qatar?
The concept of ethical egoism
Can you make a video about this air-up bootle startup, as an example of how startups can become unicorns based on hitting a trend and charging ridiculous margins for shitty wasteful products? (50 bucks for a bottle) Just to then go IPO and sell all their shares to the poor idiots who think they are buying a valuable stock. I think companies like that are the blight of the startup world and generated nothing, but waste and shit products, while being no different than your typical pump and dump scheme.
The music on the NRA part creeped me out a bit.
Starting to doubt team seas
If ya put "for the children" or "rescue the animals" in the nonprofit name.... Probably guaranteed high donations huh?
That dramatic music is soo cool.
Another necessary video.
👋 thanks for the video! Office hours?
Speedy fingers. How do you do it? Send Paraic an email 😉You can reach him at paraic@slidebean.com
Are Wounded Warriors and Paralyzed Veterans of America trustworthy organizations to donate to?
Humanity First. Great financial report.
Great video.
Btw if mute thiufda video it looks like your rapping.
Thank you for sharing this informative video.
My pleasure!
I'm one of those people who think rich people should be taxed more why does everyone I know who's struggling pay more tax than some million or billionaires just so they can get another private plane or lambo ect
"fund raiser" is not as it seems. For Profit Fundraisers have made great strides in fundraising FOR PROFIT.