this post was submitted on 16 Dec 2023
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So, you're kind of correct. However, you CAN make profit by acting as an 'organizer' for the charity event, where the charity pays you the money as a service, but directly gets the donations. See: Games Done Quick, which is a for-profit LLC that the various charities they 'support' pay them to put on the event. Of course, this number naturally is likely to end up being a % of the last event's donations.
I don't see what that has to do with the premise, which is the somehow donating to charity gives you a net profit because taxes. The real issue here is that people don't seem to understand taxes (understandable, it's complex).
Here's how it works WRT to taxes:
Middle-manning charitable gifts is net zero tax-wise. The only potential for profit has nothing to do with tax write offs:
In short, donating to charity doesn't somehow make you better off in terms of taxes, at best it helps you with your branding.