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dontTREATonme | 7 months ago

That’s not how NFPs work. I’m on the board of a NFP, we absolutely are able to save money year to year. The big difference between us and a regular corp is we don’t have shareholders or paid board members.

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blindriver|7 months ago

I wasn’t clear. Mozilla was making > 400M from the Google deal. They needed to spend most of the money otherwise why would they be a nonprofit. So they would spent the vast majority of it on boondoggles, lots of all-hands in expensive locations, $400k salaries etc.

dontTREATonme|7 months ago

There are many NFPs with multi-billion dollar endowments, I don’t really understand this line of reasoning…