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Old 10-31-2018, 08:52 AM   #25
Locke
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Originally Posted by Oling_Roachinen View Post
So? People donating want to know their money is going to some charitable cause. That's the point of charity. Not knowing where it's going, or when it's going somewhere, is a pretty big ####ing mistake.

And you don't know how much that 8M increases the overall percentage.
Not knowing when, where or what your charitable contribution is going to go to is a pretty common practice among charities though unless the specific donor attaches a priority to it, this is called a 'designated donation.'

'Designated Donations' are usually large and are earmarked for specific purposes, so the donor would indicate that he wants the organization to only use his donation on scholarships or to build parks or whatever the case may be.

Most donations are general and are put into a fund for the charity to do with as they see fit. This charity saw fit to reserve them. They will still eventually have to be contributed to a charitable cause, but I agree with you, considering the past year and everything else the optics of this are very poor.

And I agree, if I were sitting on a charitable cash reserve of that size I would probably be indicating as to why. What the 'Grand Plan' is per se.
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