FoodforthePoor.org - BTC donations now possible

[philipmicklon]

You can now donate BTC to FoodforthePoor.org

Multi-sig address: 375DZDd18AifM2yJxqdEM7B3rZz7VQvv2s



Augusto Croppo, LaudaM and I are all signers on this multi-sig address.

Funds will be sent to FoodforthePoor.org as soon as they agree to accept bitcoin donations and post a bitcoin address on their website.

I started the donations off by donating $5 of my own money.

http://www.forbes.com/companies/food-for-the-poor/

[philipmicklon]

I just emailed them:


Feel free to contact them directly:
http://www.foodforthepoor.org/about/contact.html

[Lauda]

I can confirm that I've signed the address. Will send a donation soon too.

[gollum]

Is this a scam or real site?

[Lauda]

Is this a scam or real site?

You mean 'foodforthepoor.org' ? You should click the forbes link about it or google it.

[philipmicklon]

Is this a scam or real site?

FoodforthePoor.org is one of the biggest charities in the US.
See http://www.forbes.com/companies/food-for-the-poor/

The multi-sig address is part of my idea for incentivizing charities to accept bitcoin. All the money will be sent to FoodforthePoor.org as soon as they accept bitcoin donations. You can read our other thread here: https://bitcointalk.org/index.php?topic=495549.0

[franky1]

this is why i wont donate

qote from year 2002

But Mahfood, who continues to draw $168,000 a year in severance pay, remains involved in a prison ministry for the charity, according to employees and a longtime donor.

In response to recent criticism by a former board member that the Mahfood family has too much power over the charity, the executives said Food for the Poor employs just three family members: Ferdinand's brother Robin, who took over after Ferdinand stepped down, and two others. But internal documents show at least three additional relatives on the payroll.

The charity may be too closely tied to the Mahfoods' for-profit business, Essex Exports, said charity watchdogs and government officials.

The business and the charity, both controlled by the family, share office space, a phone system and a shipping department. The charity has bought more than $172,000 of goods from Essex since 1998, according to its tax returns.

the CEO gets $168k per year. so 1998-2002= $672k over 4 years
but only bought $172k of food goods.

there were other scandals of the ceo stealing over $270k.

more recently other scandals of overpaid employee's

and then there is the fact that they promote countries to look like this:


when in actual fact it looks like:


as for the new CEO:

Robin Mahfood himself enjoyed a steady increase in pay, more than doubling his salary in six years. In 2008, he earned $364,874.

thats enough to feed 4000 people for a year.

.. hmm lets dig deeper.
ok the charities supplier of goods is owned by family (more syphoning of funds) whilst the same family members also get an income by being his PA and other internal roles. (put simply they get paid twice).

the CEO's son's inlaw got atleast $150k each per year in a quote from a 2008 article (another 2k of people not fed per year).

.. its starting to get harder to work out their other incomes from the side jobs they do as goods suppliers. but a qote of 2003 says the goods supply business netted the guy atleast $50k.

so instead of buying produce from manufacturers (at cost value) they allow the inlaws to get the stock. add on alot of wages and extra hidden costs, and then the 'charity' pays the inlaws a premium.

so when the charity says it bought x value of stock. the (at cost value) is maybe only 20% of that

[Trance]

this is why i wont donate

qote from year 2002

But Mahfood, who continues to draw $168,000 a year in severance pay, remains involved in a prison ministry for the charity, according to employees and a longtime donor.

In response to recent criticism by a former board member that the Mahfood family has too much power over the charity, the executives said Food for the Poor employs just three family members: Ferdinand's brother Robin, who took over after Ferdinand stepped down, and two others. But internal documents show at least three additional relatives on the payroll.

The charity may be too closely tied to the Mahfoods' for-profit business, Essex Exports, said charity watchdogs and government officials.

The business and the charity, both controlled by the family, share office space, a phone system and a shipping department. The charity has bought more than $172,000 of goods from Essex since 1998, according to its tax returns.

the CEO gets $168k per year. so 1998-2002= $672k over 4 years
but only bought $172k of food goods.

there were other scandals of the ceo stealing over $270k.

more recently other scandals of overpaid employee's

and then there is the fact that they promote countries to look like this:


when in actual fact it looks like:


as for the new CEO:

Robin Mahfood himself enjoyed a steady increase in pay, more than doubling his salary in six years. In 2008, he earned $364,874.

thats enough to feed 4000 people for a year.

.. hmm lets dig deeper.
ok the charities supplier of goods is owned by family (more syphoning of funds) whilst the same family members also get an income by being his PA and other internal roles. (put simply they get paid twice).

the CEO's son's inlaw got atleast $150k each per year in a quote from a 2008 article (another 2k of people not fed per year).

.. its starting to get harder to work out their other incomes from the side jobs they do as goods suppliers. but a qote of 2003 says the goods supply business netted the guy atleast $50k.

so instead of buying produce from manufacturers (at cost value) they allow the inlaws to get the stock. add on alot of wages and extra hidden costs, and then the 'charity' pays the inlaws a premium.

so when the charity says it bought x value of stock. the (at cost value) is maybe only 20% of that

Wow! What a wake up call! Whats your BTC Address I like to donate to whistle-blowers!

[Trance]

SEANS OUTPOST >>>

In my opinion, but of course thats not relevant now is it?

[franky1]

Wow! What a wake up call! Whats your BTC Address I like to donate to whistle-blowers!

i dont need donations. but i have looked into seans outpost, which is a deserving charity. so throw them a few satoshi's if you want. but definitely dont throw funds at this "food for the poor" business

[philipmicklon]

Hey guys,

I don't know which charities are worth donating to, and which charities aren't worth donating to.

My goal is to push bitcoin adoption and to give bitcoiners an easy way to donate to the charity of their choice.

It doesn't really matter to me what charity we get behind, but I think bitcoin should pick a big charity and get behind them, and incentivize them to accept bitcoin.

Look over this list of the largest 50 charities and let me know which charity you think the bitcoin community could get behind: http://www.forbes.com/top-charities/

[philipmicklon]

SEANS OUTPOST >>>

In my opinion, but of course thats not relevant now is it?

+1 for Sean's Outpost. I agree, they probably manage their money many times better than a billion dollar company.

I just think getting a big charity on board would be a good move.

[frankenmint]

Hey guys,

I don't know which charities are worth donating to, and which charities aren't worth donating to.

My goal is to push bitcoin adoption and to give bitcoiners an easy way to donate to the charity of their choice.

It doesn't really matter to me what charity we get behind, but I think bitcoin should pick a big charity and get behind them, and incentivize them to accept bitcoin.

Look over this list of the largest 50 charities and let me know which charity you think the bitcoin community could get behind: http://www.forbes.com/top-charities/

Adoption is my goal too

Rather than doing a charity of sorts, I'm trying to price my goods to be reasonable and simply get the people noticing and wondering "what's that?" or "hey look its bitcoin!" 

[kireinaha]

is this a charity for mtgox victims? shit, we'll all be poor and without a pot to piss in once our personal information is stolen from the exchanges and fraudulant bank accounts are established under our names by some of those fine gentlemen living in the Ukraine.

[S4VV4S]

I personally prefer giving money to the ones in need directly.

My profession has allowed me to get familiar with many of these "organizations",
and let me tell you that they ARE ALL STEALING YOUR MONEY and pretending to do something good.

These people should be locked up in jail together with rapists.

That should give them an idea of what is like being screwed.

[remotemass]

I personally prefer giving money to the ones in need directly.

This.

[franky1]

the top 50 charities have directors on hundreds of thousand of $$ per year, with thousands of employee's all paid higher then the average retailer.
the majority of campaigns spend millions on advertising and pay fundraisers alot of money.

i think none of the top 50 charities deserve bitcoin donations.

we need to get people like seans outpost. people on the front line, actually helping people. not organisations that sit in offices doing million $ campaigns to hit their targets and get bonuses.

if you want a better list of deserving groups, maybe watch the series "the secret millionaire" which shows millionaires going out into the real world and interacting with front line services.. t then give them money because they see the actual impact 'local' charity has on individuals.

id prefer to donate to 50 'local' charities, then 1 corporate organisation

[bitvestor]

This will be a better idea, instead of hosting all this conferences and seminars and what not more, we should actually have some people from here fly to the country affected like Africa, Asia etc, buy food water and help build tents with bitcoin T-shirts on and more, this will actually boost our presence and we very sure our funds is not going to be sitting in some already rich dudes pockets.. We can build tents/shelters, buy/get food, water, get gens for those without electricity, even build small schools/hosipitals for the unprivileged  and charge less, a  big hall for people to sleep and more..

This idea will be awesome than donating to some rich dude who send 20% of  your donation.
Well if you need this i just said actualised let me know i can do the running around and working too, i love kids and want them to have a better opportunity growing up..

[Lauda]

the top 50 charities have directors on hundreds of thousand of $$ per year, with thousands of employee's all paid higher then the average retailer.
the majority of campaigns spend millions on advertising and pay fundraisers alot of money.

i think none of the top 50 charities deserve bitcoin donations.

we need to get people like seans outpost. people on the front line, actually helping people. not organisations that sit in offices doing million $ campaigns to hit their targets and get bonuses.

if you want a better list of deserving groups, maybe watch the series "the secret millionaire" which shows millionaires going out into the real world and interacting with front line services.. t then give them money because they see the actual impact 'local' charity has on individuals.

id prefer to donate to 50 'local' charities, then 1 corporate organisation

In that case, find and list charities that are actually doing their work as we speak. Then OP can change the list.