Any charitable organization is only required by law to donate 10% of what they get. What number does Bungie donate? Who knows... but I for one only donate to those that give 100% back - like the Newman’s Own brand, where it says on the bottles “100% of profit goes to charity”. Note the “profit” part. How much profit is left when the CEO doubles his salary every year? Just saying, trying to paint the Guardian Games streamer only shenanigans as a “for charity event” when Bungie doesn’t say what amount they give is bologna.
Edit: This post gained more attention than I expected. Lots of interesting stories here - I want to stress that I don’t know what percent Bungie actually gives to charity. All I’m saying is charitable donations are generally a sketchy thing. For anyone interested just google “what percent of donations go to charity” and look for yourself. Some charities give over 90% of what they get and some give only 10-15% of what they get. Before you decide if you’re going to donate you should really try and find out what amount of what you give actually goes to the charity.
Edit: For those interested here’s some links:
https://charity.lovetoknow.com/What_Percentage_of_Donations_Go_to_Charity
That gives a basic rundown of a few different types. If you want to search for a specific one go here:
https://www.charitynavigator.org
These are just examples but the first link lists a Foundation that keeps 85%... you guys want to fuss over the difference of 15%-10% be my guest. I say 10% because someone I know who started a charity told me that was all they had to give.
Last edit: I was wrong in saying 10%. It’s actually 5%. Here are the links
This one says 5% must be paid out to avoid taxes:
https://learning.candid.org/resources/knowledge-base/payout/
“Taxes on failure to distribute” otherwise known as tax law:
https://www.irs.gov/charities-non-profits/private-foundations/taxes-on-failure-to-distribute-income-private-foundations
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38 RespuestasIt's more than you give normally.