Google Does Charity Differently
Wednesday September 20, 2006
Google is sometimes hard to define. It's a search engine, it's a media company, it may even be classified as a mutual fund. Google's philanthropic branch, Google.org, is doing charity a little differently, too. Rather than apply for non-profit status, Google.org has elected to stay a for-profit company.
It is an interesting approach to charity, since many of us associate for-profit status with a certain amount of greed and excess. I'm not an accountant, but I have been involved with a few organizations seeking non-profit status. The IRS gave us more than just a few hoops to jump. I imagine that remaining for-profit really does lend some flexibility to the way the organization is run. It also means they have to pay taxes.
Thank you, i’ve been lookin’ for this, Google Charity. Differently huh?. It’s a Useful Blog.