The scams and frauds behind non profits

Try ChartMogul We dont just make videos. We help startups present to investors. , startups, slidebean, nonprofits Naive, 20 year old me used to think of charities, nonprofit organizations as truly selfless acts. But you probably know where this is going. FIFA, a nonprofit organization founded to develop and improve the beautiful sport of soccer, has 1, 8B in cash reserves, paid its President about 3M a year. Its top executives went to jail a few years ago for laundering money, taking bribes. This pastor used his nonprofit to essentially become a millionaire, fly private jets. These are just two of many stories we found on how easy these organizations lose their way. Its no coincidence that so many celebrities and millionaires have all established their foundations. But even worse than just saving taxes, nonprofits raise