Quote:
Originally Posted by CaptainYooh
Those suggesting that the Foundation should transfer all of the money donated to charitable causes don't really understand how it works. Example: say, Flames Foundation invites to its golf tournament and people buy the tickets for $500. Net "profit" after all expenses paid, could be $100 x 288 participants. Plus all the prize donations and mulligan sales etc. The efficiency is 20%. But it doesn't mean that 288 people would have donated $500, if this was a straight-up donation request from the Flames Foundation. Companies and individuals pay $500 and more to rub shoulders with the Flames players, coaches and other staff, to have a nice dinner, to meet other business people, to hear fun stories from Peter Maher and Ken King and, generally, to be entertained, while doing something nice. $100 net donation is a product of this entertainment and it's a great way of doing it.
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You're using 500 for a ticket and 100 "net donation."
But the closer reality is 500 for a ticket and 65 net donation. And yet, all other teams are doing similar and bringing in at least double the amount of their operating costs (except the Senators). Why is that?