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elect_engineer | 6 years ago
Your reference to boys town missed the point. Boys town didn't run out of orphans to spend money on. They simply failed to spend a large amount of it on orphans.
A better charity to compare with Wikipedia would be the the Washington Monument Restoration Project.
See https://www.nps.gov/nr/travel/wash/dc72.htm
Once the Washington Monument is completely restored you can't spend any more money restoring the Washington Monument. If donations keep coming in, you shouldn't spend them on giving executives of the charity free ski vacations (yes, the WMF actually did that) You should instead build up an endowment that is eventually big enough that the interest covers all Washington Monument maintenance forever. Then and only then should you tell donors "look, we don't need any more money for restoring the Washington Monument. If you give us a donation we will use it for other things, starting with restoring the Lincoln Memorial".
btilly|6 years ago
Do you have a source for that?
My understanding is that boys town did run out of orphans who met their requirements. There simply aren't enough orphans in the USA with no family to take care of them who slip through the cracks of the adoption system.
But that fact didn't slow their appeals for more money.
That said, my understanding is based on my memories of a book that I don't presently have a copy of.
elect_engineer|6 years ago
I am going to think about this, do some research, and see if I can turn it into an essay on Wikipedia about collecting money after the job is done. Thanks!
Didn't the march of dimes also keep taking in donations after polio was eradicated?
Full disclosure: I am the author of the Wikipedia essay "Wikipedia has cancer"