@paulg very true.
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@paulg and with all that money they try to preserve themselves as long as possible, rather than focus on fulfilling their missionThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg earth shattering. The real difference is where the funds flow. Non-profs: long term; ent: short term->bigger round/stock pop.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Sure, if "Much as" means "nothing like". Nonsensical statementThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg why are you thinking about NPOs?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Israeli nonprofit statisitcs show YoY that it works like funnel - most of funds spent inside organisations, the rest go to destitute.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg very true & especially troubling considering they can be used as de facto tax shelters. foundations in same boat, often.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg fundraising = revenuesThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg this is because the entities aren't self sustaining. The difference between the two is sales creates customers and recurring revenue. -
@davealevine@paulg The danger is when Fundraising efforts exceed Mission efforts, an increasingly common "trap" in which 501(c)s fall.
End of conversation
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