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this post was submitted on 04 Sep 2023
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The foundations are usually owned by the companies begging for money. They don't do it to help the world, they do it for profit at their non-profit orgs.
Pittance for the kids
Raises for the ceos
It's much worse. Several companies orchestrate the giving for all those other companies.
Except they are all for profit.
The havenconferences and lectures and help gather more donations which they take a piece of.... for profit.