this post was submitted on 13 Nov 2023
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Isn't that something you should do before you start a donation drive? Wtf?
No, you don't understand, this is decades long process for most NPOs and charities. Some will wait for a century or more to find the right organization. Doctors without Borders, for instance, has a notoriously difficult time performing their duties as the borders keep changing over time as they wait for the right fit--many of their doctors are, in fact, within borders.
My charity has a pile of gold that a dragon sits on until the dragon has found a CEO and board of trustees who can withstand 20k° of dragonfire. Until then, I'd be a fool not to collect interest, for charity of course.
And if you happen to use this interest and money to fund your company while you search for the right charities to support it's OK. It's all for charity sake after all!
It is standard practise to use part of the donations for expenses and administration after all