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Funding social enterprise : Comments
By Peter Shergold, published 2/9/2011Already it is estimated that 20,000 not-for-profit organisations seek to fund their expansion through trading.
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Sir,
I am one of those Australians that asks; where would we be without the do-gooders in our midst?
There is a publication ‘Pro Bono Australia’ that in its edition of 2010 listed 643 ‘not-for-profit’ enterprises and, according to the last decade’s trend, it will have many more of them listed in the 2011 edition soon be released.
In 2005, Adele Ferguson published in Business Review Weekly a feature ‘The Sacred Cow’ in which she disclosed that the religious institutions cost seventy billions dollars to the tax payer.
In this article with evident glee you tell us of your and your friends’ procuring from the government more unaccountable grants to all who have the ability to sniff the rain of dollars.
Sir, I do not know exactly why we elect someone to govern us but surely-not to have him or her give or grant our money to any one they choose.
Kings could do what they pleased. But we scuttled them. Should we, for the same reason throw overboard any grant giver?