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Adam Messages: 6854
Registered: August 2005
Location: Edmonton, AB
6 Cups
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CrusaderPi wrote on Wed, 05 August 2020 16:37 |
Adam wrote on Wed, 05 August 2020 15:58 |
Sure would be nice to know what the Oilers Foundation does with its money...
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It's not great. I wouldn't call it a scam, but I wouldn't say they're a great organization to give money to.
https://edmonton.ctvnews.ca/oilers-community-foundation-give n-c-charitability-grade-1.4158307
Generally I find all charitable arms of large corporations to be... less than what you'd expect of a charity and more of what you would expect if a large corporation was using a charity to dodge taxes and engage in PR. That's my opinion though.
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One of the reasons the Senators Foundation is said to have split from the Senators is because of the admin costs that the Senators were putting against their charity. Oilers aren't as bad as that (Flames are somehow even more than the Senators), but they still have very high costs. And I don't think there's a lot of transparency as to where all the money goes.
I will say, I am skeptical of a lot of the donation charities you have run through grocery stores, fast food chains, etc. If you give Safeway a dollar, it's rung in to the till same as anything else, so hits revenue. It's under $20, so no tax receipt for you. Then when Safeway donates to the charity, I'm pretty sure they declare the whole amount - it's technically correct - they collected and gave the whole dollar figure to a charity. However, if they can then deduct the entire amount (and I don't see anything that would keep them from doing so, they are generating profits for themselves with the tax shield that provides.
"Thinking that a bad team's best players are the reason the team is bad is the "Tambellini re-signing Lennart Petrell" of sports opinions." @Woodguy55
#FireLowe #FireBobbyNicks #FireKenHolland #FireKeithGretzky
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Pregame:
Edmonton @ Chicago (Game #85) |
By: OilFans on Wed, 05 August 2020 03:00 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
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Re: Pregame: Edmonton @ Chicago (Game #85) |
By: PlusOne on Wed, 05 August 2020 08:49 |
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By: Magnum on Wed, 05 August 2020 09:45 |
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By: Adam on Wed, 05 August 2020 10:39 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
By: Kr55 on Wed, 05 August 2020 11:38 |
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By: JPro on Wed, 05 August 2020 13:38 |
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By: Gator21 on Wed, 05 August 2020 13:48 |
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By: JPro on Wed, 05 August 2020 14:43 |
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Re: Pregame: Edmonton @ Chicago (Game #85) |
By: JPro on Wed, 05 August 2020 14:52 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
By: Kr55 on Wed, 05 August 2020 15:35 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
By: Adam on Wed, 05 August 2020 15:58 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
By: JPro on Wed, 05 August 2020 16:25 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
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Re: Pregame: Edmonton @ Chicago (Game #85) |
By: Adam on Wed, 05 August 2020 16:53 |
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Re: Pregame: Edmonton @ Chicago (Game #85) |
By: JPro on Wed, 05 August 2020 16:26 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
By: PlusOne on Wed, 05 August 2020 20:26 |
Re: Pregame: Edmonton @ Chicago (Game #85) |
By: Leia on Wed, 05 August 2020 20:42 |
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