Wednesday, April 17, 2019

A Charity Accepts Uber Stock as Donations. Then Uses It to Pay Staff Bonuses. Is That O.K.?

Source: https://www.nytimes.com/2019/04/11/business/charity-water-employees-payment.html?partner=rss&emc=rss
April 12, 2019 at 10:46PM

Entrepreneurs who own stakes in private companies can donate some of their equity to Charity: water. The proceeds will eventually be paid out to the nonprofit’s employees.

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