by Mike R | Jun 3, 2020 | Ethics, What would be the most ethical way to give away 5 million dollars
“Probably the most effective places for your money are third world health and sanitation charities. For short term impact that is charities focused on malaria and other parasitic disease, and for medium term impact look at sanitation and water provision. Long term, perhaps education and equality in the third world. Personally, I tend towards a medium and long term outlook, and put quite a lot towards Oxfam and similar organisations, though they do run the risk of being wasteful in a way the more narrow short term charities can avoid.”
by Ron L | Jun 3, 2020 | Ethics, What would be the most ethical way to give away 5 million dollars
“Invest the money in a trust and have most of the interest earned payed out to a charity. Have the target charity rotated annually. Research charities and select those with low management overhead. Inform the charity that the monthly donation is for one year to avoid expectations of continual funds. Ensure the principal cannot be accessed and that the fund is managed with low overhead. Set the trust up such that it can reasonably be expected to last 100 years or so. Specify what to do if the fund drops below some floor or exceeds a ceiling. Create a poison pill such that any attempt to access the principal liquidated the funds to a number of charities.”
by Chiron | May 3, 2020 | Ethics, What would be the most ethical way to give away 5 million dollars
“None. Yet, what is important now is the transformation of human consciousness to understand that they live in an interconnected relationship with the rest of the Earth. Funding of energy, money, time, and attention should be spent on the wellbeing of the planet through aligning one’s personal mission and interests with the wellbeing of the planet.”
by The Kid | May 2, 2020 | Ethics, What would be the most ethical way to give away 5 million dollars
“If I had 5 million dollars, I would hire a hitman to assassinate Trump.”
by Eva Lenore | May 2, 2020 | Ethics, What would be the most ethical way to give away 5 million dollars
“The answer to this question is different for everyone. I think there are a few points that everyone should consider. First, the cause should feed YOUR soul / heart (not your ego). Second, it should allow those who benefit from it to turn that benefit into something ongoing and sustainable. Third, you should check how, directly or indirectly, the ‘gift’ is affecting other groups of people. It is difficult to fully check each of these boxes, but I think considering them makes for an ethical and meaningful gift.”
Recent Comments