If some marketing or admin stuff cost money - look through the above lens.
$400,000 for admins with $100,000 for real aid (20% of donations)
$9,000,000 for admins with $100,000 for real aid (10% of donations)
I'd say 2>1 because it has 10X aid delivered. Instead of calling admins bad we can give them incentives to bring costs down. Eg: Bonus salary for making the charity capital efficient. If they reduce $100,000 in wasteful spending - admins can take $10 - 20K bonus & use rest to provide aid.
That's just what I think of it. Goal is to help more people. Treat it like goal for a startup. Then hire people to accomplish that. Get the incentives right. More people charities help - more rewards given to those who run the charity. That'll have a better system than what we usually get. Thanks for the conversation 😊
!PIZZA
It's depressing when I think the percentage is lower, but I agree with you... We need the aid to help more people, not limit the costs for more efficient (but less impactful) aid.
The video talking about #aid shows a disgusting truth... People donating in faith it reaches the intended people, yet most of it doesn't.
At least I learned about "tied aid" which isn't as bad as it sounds, but still bad...
Makes me want to become a better person!
!PIZZA
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Sometimes marketing expenses can help causes raise more money like explained here:
But it's disgusting to waste those funds in administration and other stuff that don't directly help the people who actually need the help.
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This made me think about things I was opposing to what being said here, and now I'm unsure...
Posted via D.Buzz
Way I think of it is this:
If some marketing or admin stuff cost money - look through the above lens.
I'd say 2>1 because it has 10X aid delivered. Instead of calling admins bad we can give them incentives to bring costs down. Eg: Bonus salary for making the charity capital efficient. If they reduce $100,000 in wasteful spending - admins can take $10 - 20K bonus & use rest to provide aid.
That's just what I think of it. Goal is to help more people. Treat it like goal for a startup. Then hire people to accomplish that. Get the incentives right. More people charities help - more rewards given to those who run the charity. That'll have a better system than what we usually get. Thanks for the conversation 😊
!PIZZA
It's depressing when I think the percentage is lower, but I agree with you... We need the aid to help more people, not limit the costs for more efficient (but less impactful) aid.
!PIZZA
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