Originally posted in a LVRJ Forum
Lots of confusion out there.
Pro sports leagues are private, for-profit businesses. Profits accrue to the Owners. Players work for the highest bidder. Nothing wrong with that.
True charities are non-profit benevolent organizations. Money leftover after (very low) expenses ("net income") gets distributed to the nominal beneficiaries. I am aware of exactly ONE charity like that.
Most charities are non-profit businesses. There is relatively *little* (~5%) net income because expenses are very high. The money goes to pay for executive salaries, wine-&-cheese parties, and condos in Ft Lauderdale. Even then, distributions are not very discriminating. NSHE comes to mind. Where's its executive retreat?
I hope to influence people, especially those inclined toward small government who've never really thought about NSHE before. It's working.
Hey Klaich, Smatresk, Kruger, Hauck, Livengood, Sandgren et al. We're on to you!
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