Charity Projects dont have to meet the profit goals of for profit organizations....

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Posted by Q ( on September 19, 2000 at 00:25:05:

In Reply to: $$$$ posted by Miguel on September 18, 2000 at 13:05:05:

...That is why we have Non-profit corporations and IRS status for Private Tax-Exempt Operating Foundations. It is in the public interest to have a mechanism to advance the interest of "orphan" causes, which, we should agree, CH is the poster child for orphan causes.

What we need is a research plan and a fund-raising plan to support it. There is a lot of money looking for a worthy cause. It is really a matter of packaging the project and marketing it, just not in the for-profit sense. Jerry Lewis and the MS project is a keen example. United Way supports these types of projects, but you have to do the administrative work first. Seed money is what we need for that effort. An angle investor in the VC market.

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