Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ETL

These non-profit guys aren’t against capitalism at all. Check out their audited financial statement on their website.

For those who dont want to bother, suffice it to say that they have a multimillion dollar annual budget, financed by donations—many of which are bludgeoned from fawning and mollifying corporations which make annual donations. And the donations exceed their operations cost by $4 million a year—tax free of course since they are a non-profit.

But why do they need those annual donations? They have an asset value of $221,000,000, most of which is in endowment from previous donations that is almost $200,000.

If they were true leftists who want to help the poor they’d spend some of that endowment on them.


31 posted on 03/03/2010 7:19:28 AM PST by wildbill (You're just jealous because the Voices talk only to me.)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: wildbill

What guys? The post you responded to was the one on Joe Stack (#3).

http://www.freerepublic.com/focus/news/2463131/posts?page=3#3


32 posted on 03/03/2010 7:28:37 AM PST by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson