Do Charities Destroy Value?
This from the BAM Network:
“My basic theory was this: “Charities” raise funds and redistribute them. By nature, value is destroyed in the process. You hope a well run charity might take your $1 donation and turn it into 80 cents of giving. A for-profit company, however, creates value. An investor expects their $1 to generate [...]
Filed under: Business, Church/Ministry by Michael
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