• RedditWanderer@lemmy.world
      link
      fedilink
      arrow-up
      26
      arrow-down
      2
      ·
      1 year ago

      This is exactly the issue. He doesn’t “donate” shit. He opens a non-profit that does nothing but funnel his fortune to his children. It’s all a sham. Same as with that other clothing company who “donated” their entire fortune.

      • Kelsenellenelvial@lemmy.ca
        link
        fedilink
        arrow-up
        6
        ·
        1 year ago

        Not sure about elsewhere, but in Canada a Charity is a special kind of non-profit that has more public oversight as to how they manage their money, and allowed to write charitable receipts. Non-profits might do some good things, but you don’t get a tax credit for donating money to them, and there’s less oversight of how they’re managed.