Against Philanthropy

The central argument of Against Philanthropy is that major corporations are putting millions of dollars towards stopping world crises while also putting even more money in companies that make items that help cause said world crises. For example, Jenny Price says that the Bill & Melinda Gates Foundation has put millions of dollars towards making the AIDS crisis their top priority while also investing "millions in pharmaceutical companies that refuse to make AIDS drugs affordable." This article also touches on the subject of spreading out their earnings fairly amongst the organization. Price talks about how corporations withhold ~90% of their assets while putting ~5% towards funding programs and then writing that 5% off on tax breaks. Price also makes that argument that companies could put more money towards paying "workers fairly for the wealth they help you accumulate."

To my knowledge, my internship does not have a lot of money to just go around and put in different areas. Since the minimum wage went up in January of 2018, the front line staffs pay went up but because of the organization having very little money, no one else was able to get a raise. Also, the fundraising budget for 2017 was $63,000 which was barely met by December 2017. The executive director for the organization raised that fundraising budget to a whopping $200,000 so we can make improvements to the building and get everyone the raises that they need. This is an unrealistic budget, but that's a different story. I have talked with my mentor before about which programs we are funding and she said that there aren't really any due to the lack of funding. If this article explained ways that these companies get their money to put millions in foundations then I think it would be beneficial for struggling nonprofits to get their funding up.