
Originally Posted by
derrick ikwueme
Fake charities are a good way to make money, there was just something on the news about how only 10% of donations actually go to the cause & the rest is profit, thats why theres always a cause for this or that. & people have no issue with asking others for money. it's a dope business plan
I'm not sure about the 10% rule, but I do know that the average is 40%. Imagine I say, "hey man, there's a family in need. Can you donate $100 to get them groceries?" Then I pocket $60 for servicing costs? Sucks man. That's why I hate donating to charity. I'm about that grassroots type giving where 100% of charity goes to the need. I also have a charity idea that ensures proceeds go toward the need. I'll keep you all posted.
Chronic, keep up the good work. In a negative world, positivity is an uphill battle, but not an impossible battle.