Brad | Real World Career Tips
Region: US
Friday 03 March 2023 21:34:08 GMT
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JDG982 :
And this is why the tax burden is forced into the bottom earners who receive very little benefits but subsidize the rich, who get all the benefits.
2023-03-04 18:25:36
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MC Sweeney :
My non profit puts low income kids through college. It covers everything, including a semester abroad. We have no employees, offices or galas.
2023-03-04 23:30:13
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Cass :
Bill Gates, is that you?
2023-03-04 17:56:59
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Jason :
“I’ve been really blessed from a financial standpoint” is redundant with the pool in the background.
2023-03-04 17:53:15
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Brad | Real World Career Tips :
Have you guys heard of the Augusta Rule? I'm happy to create a vid on this common mini-loophole.
2023-03-05 15:46:50
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Oldskooltrix :
Just don't trump it up.
2023-03-04 16:22:27
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Redleviticus :
this is by design to encourage philanthropy just as you stated. through self interest, others benefit.
2023-03-13 20:43:51
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Erin :
I appreciate what you're saying about private foundations, but they're not the same as nonprofits. Foundations need to grant 5% of their corpus every
2023-03-05 13:10:44
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Solo Mish :
Not 5% of the total. 5% of revenue.
2023-03-06 22:02:08
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freshnessmatters :
If you pay your daughter won’t she have to pay taxes on it as income?
2023-03-05 18:00:12
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4531 :
It is terrible all these trillion dollar companies asking for roundup donations from little people for their “charitable” foundations.
2023-03-04 19:49:41
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DadGadgetFinds :
Welcome to RichTok. All the rich do this.
2023-03-05 02:49:14
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Lennie :
Oh yes, this has been going on for years. But don’t confuse regular nonprofits with these private foundations.
2023-03-04 17:06:02
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user627347562484 :
Rich keep getting richer and the poor get poorer :(
2023-03-05 14:51:47
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raine.in.ca :
When I found out they only have to give 5% to actually charities I stopped giving.
2023-03-05 15:31:45
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Tao.Fool :
and the foundation can hire your company for services therefore returning untaxed income. expenses such as travel and entertainment can be attached 2
2023-03-06 20:37:49
0
TiredAsAMother💣 :
I created a for profit to fund my non profit to give everything away - truly. It’s nice being a dolphin in a sea of sharks ❤️
2023-03-04 09:09:20
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Leonard Lane :
We should be neighbors
2023-03-14 23:43:30
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Stephen Postier :
That's basically my exact plan if I ever win the lottery. no money to the government, give it to charity instead
2023-03-05 02:22:14
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jdoggy911 :
This is why every football player has a charity. They don't get taxed as much and employ their family.
2023-03-05 15:23:14
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Jignesh Thummar :
Very well explained thanks for sharing
2023-03-05 05:05:57
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JimBob900000 :
Private foundations experience more significant scrutiny by govt. also, it can be expensive to maintain.
2023-03-10 18:30:16
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rimareclaimed :
All very true. Do your homework with ANY charity before you give.
2023-03-05 17:39:12
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MissAsh :
So not paying your fair share. Damn. Good for you for having a soul. We need more like you.
2023-03-05 15:21:43
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