Thread: Cancer Center
View Single Post
 
Old 09-24-2010, 04:23 PM
BigLew BigLew is offline
Senior Member
Join Date: Feb 2010
Location: Hadley
Posts: 217
Thanks: 0
Thanked 0 Times in 0 Posts
Default I may be wrong but

to my understanding, "donations"to for profit enterprises are called investments. What percentage of the profit do the benefactors get? Since Morse is "financing the construction" I would guess that unless he is donating back the interest, he will profit. The operation of the center will generate a profit. The moral thing to do would be to ask for investors, but I strongly understand why a person who has been impacted by cancer might want to donate.By the way, you all like bread, I am building a bakery could you find it in your hearts to donate $200,000 for the equipment? :-)

Last edited by BigLew; 09-24-2010 at 04:27 PM.