How to Get Rich By Starting A Charity - How Money Works

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How Money Works

How Money Works

Күн бұрын

So you want to get rich and you don’t care how morally reprehensible you need to be to get there, fantastic, let’s learn how to use charities to get you that yacht.
Step 1, set up a charity with a compelling mission statement, save the children or the owls or the homeless, or the young homeless owls, it really doesn’t matter so long as it looks like a somewhat charitable endevour.
Step 2, raise money for this charity. Now this can actually be pretty difficult, the market for charities throwing fancy dinners or peddling on sidewalks asking for money is pretty saturated with lots of competition.
So you need another solution. Fortunately there are companies like Omaze, which will market and operate a lottery on your behalf for a healthy fee of course, they want to get rich of this process too.
Well-advertised lotteries tend to bring in a lot of money, so that takes care of that.
Step three is getting the money from the charity, into your wallet.
Assuming you aren’t a young homeless owl yourself you can’t be the direct beneficiary of these funds, but you can appoint yourself as the CEO of the charity and pay yourself a nice fat tax advantaged salary along the way.
And sure you will have to put a fraction of this money towards actual charity work, but that’s just the cost of doing business.
If you want to learn the full process be sure to watch our feature length video on the dark secret behind all these Omaze raffles you see here on KZbin, make sure to like and subscribe to keep on learning how money works.
#Omaze #NonProfit #HowMoneyWorks
___________________________________________________________________________
Link To The Capitalists Discord where I hang out with other creators - / discord
Omaze lottery fund raising raffle giveaway some lamborghinis and ferraris to winners of this entry free prize money and then money towards good causes and local charities.

Пікірлер: 161
@HowMoneyWorks
@HowMoneyWorks 2 жыл бұрын
Now accepting donations to save the Young Homeless Owls...
@siphosimwanza4429
@siphosimwanza4429 2 жыл бұрын
😂😂😂 you killed me with that one.
@dylian_
@dylian_ 2 жыл бұрын
umm thats dikkhed
@wkdravenna
@wkdravenna 2 жыл бұрын
@@dylian_ owls need a home. Give a hoot.
@dylian_
@dylian_ 2 жыл бұрын
@@wkdravenna lol
@What.A.Life....
@What.A.Life.... 2 жыл бұрын
@@wkdravenna omg, you're a natural. Teach me the ways
@cerealjerk
@cerealjerk 2 жыл бұрын
The ceo of the pink ribbon cancer charity made 600k a year
@WritersOnTheWall
@WritersOnTheWall 2 жыл бұрын
years ago I had a friend who owned a few buildings, every year he would buy 1000 of t-shirts in bulk at like 1$ then donate them to charity and then write it off on his taxes as 20$ a shirt
@bartek6082
@bartek6082 2 жыл бұрын
Did he got caught or something?
@WritersOnTheWall
@WritersOnTheWall 2 жыл бұрын
@@bartek6082 he was my roommate/landlord/bartender hook up like 15 years ago, I lost touch with him. when he started "Bars" in Thailand
@WritersOnTheWall
@WritersOnTheWall 2 жыл бұрын
@@bartek6082 he used to also take all the cash sales at the bar then ring it up on his own credit cards for the air miles and would fly around the world for free 3 times a year
@HomeGrownPyro1
@HomeGrownPyro1 2 жыл бұрын
@@WritersOnTheWall sounds like a pretty smart business man to me
@spiderman233
@spiderman233 2 жыл бұрын
Didn't he need to provide proof of the price of the shirts? like a bill from the shirt seller?
@sirtarquin6306
@sirtarquin6306 2 жыл бұрын
Warning anybody who's actually thinking of doing this the IRS will be so far up your ass. First off the IRS won't even give you 501 C3 status if you have complete control over who the directors and executives of your charity are. You're asking for problems if you're actually planning on going ahead with this instead try opening a subsidiary with the charity being the parent company have the subsidiary be partially owned by the parent then you can actually make genuine income
@ivorpeeters
@ivorpeeters 3 ай бұрын
Give me a economic course please bro. I have 5k now and wanna go to Australia to make a lot of money fast! Help me out bro! General tips are welcome!
@ivorpeeters
@ivorpeeters 3 ай бұрын
Can I reach you on Instagram?
@badboss5666
@badboss5666 2 ай бұрын
Trust fund bro
@MrNick-
@MrNick- 2 жыл бұрын
The question is, what percentage should be actually going towards the charity and what percentage can you pay yourself?
@KidFlashNacho
@KidFlashNacho Жыл бұрын
90% goes to administration 10% to a cause is the extreme example i saw at one point
@jake862944
@jake862944 Жыл бұрын
Would people be happy if it was 60% cause 40% admin
@meatybtz
@meatybtz 2 жыл бұрын
This works even better when you have links to certain political parties who need to launder money. The amount of making of money goes up in relationship to the amount that can be laundered through for said party and it's affiliates. The other party launders it's money through corporations and investment "opportunities".
@notmenotme614
@notmenotme614 2 жыл бұрын
In the UK a lot of corporations will make a big charity donation at the end of the financial year. Only for tax avoidance. You can claim tax relief by deducting the value of your donations from your total business profits before you pay tax. The Cup Trust is enormous in charity terms. It was the 14th largest charity by income in 2011, collecting £97 million. And in two years it allocated just £135,000 of that to good causes whilst seeking to reclaim £46 million in gift aid for donors. The vast majority - about 99.98% of its income in 2011- was used to pay for fund raising costs
@viking6535
@viking6535 2 жыл бұрын
This is how "Goodwill" works.
@lorentzcoffin4957
@lorentzcoffin4957 Жыл бұрын
Goddammit the Boondocks episode the Fundraiser was a fucking documentary
@aymericdekerdanet9318
@aymericdekerdanet9318 2 жыл бұрын
So honest it hurts...
@Anon-ir5nt
@Anon-ir5nt 10 ай бұрын
@@EmilyGloeggler7984howcome
@zedfourme5085
@zedfourme5085 Жыл бұрын
You forgot to start a shell company to supply all of your consumables and mark them up 3x cost.
@tech2titan444
@tech2titan444 2 жыл бұрын
Why is it I'm only being recommended these videos just now?!? Subbed. Also I might start a charity that breeds pigeons... For some reason I've yet to make up
@HowMoneyWorks
@HowMoneyWorks 2 жыл бұрын
I'd donate.
@tomlxyz
@tomlxyz 2 жыл бұрын
The one bird people definitely don't see enough of
@sigma_z
@sigma_z 2 жыл бұрын
@@tomlxyz pigeon lives matter too!
@bc1016
@bc1016 2 жыл бұрын
I know someone who had worked as CFOs for several different charities over the years, and he pretty much said the same thing. He even helped his kids setup a charity for some after school program for disadvantaged kids and put one of them as the CEO.
@user-mw1cm1kl3s
@user-mw1cm1kl3s 2 жыл бұрын
Saving drowning fish Donate now all proceed goes to save fish overexposed to water
@michaeld9999
@michaeld9999 2 жыл бұрын
🤣
@dannywhite132
@dannywhite132 2 жыл бұрын
WWF ceo now makes like 700k a year, but in the pre financial crash world i remember charity ceos earning upwards if 4mill and the givernments often gave them tax cuts because its charity
@dacracking5768
@dacracking5768 2 жыл бұрын
Guys before you decide to do this, know that god is watching
@graceandmarvellouswonders6249
@graceandmarvellouswonders6249 5 ай бұрын
The one comes in many forms, thank you for being an example of excellence in this regard ✌🏾
@rohitchaoji
@rohitchaoji 4 ай бұрын
Yet all the richest people who do this get away scot free all the time and live up to 100 years. What a powerful and effective god, wow!
@VictoriaStobbie
@VictoriaStobbie Жыл бұрын
I blow snot outta my nose as I exclaimed at “young homeless owls”.
@AndreiAlcorizaAndreius
@AndreiAlcorizaAndreius 2 жыл бұрын
I've always have this strategy in mind, but i'm just a person with no morality that's bad in convincing people. And i'm too broke to hire an ambassador to do the talking for me.
@Content_Consumer
@Content_Consumer 2 жыл бұрын
Not sure if that is how it's supposed to be, but I don't seem to be getting notifications for "Shorts" videos the way I get them for normal videos. Just letting you know in case that's not how it should be.
@HowMoneyWorks
@HowMoneyWorks 2 жыл бұрын
I appreciate that! That’s how I intended it to be. Only want the subscribers to get notified for the full videos, but if this pops up in your feed, then awesome! 😀
@earlnoli
@earlnoli 2 жыл бұрын
my dream is to become a CEO for a charity organization 😂😂🤷🏻‍♂️
@HowMoneyWorks
@HowMoneyWorks 2 жыл бұрын
Now I see why 👀
@grilledme
@grilledme 2 жыл бұрын
This is why I never trust any kind of charity
@Thishere864
@Thishere864 2 жыл бұрын
Good, now send us your donation. #TheDon'tTrustCharityFund.😂
@morganoox3838
@morganoox3838 Жыл бұрын
Thats how the politicians do it... 'save the environment'...
@brownpunk1794
@brownpunk1794 Жыл бұрын
i must start a charity for dis-advantaged crabs..
@Its_Might
@Its_Might 2 жыл бұрын
And thats exactly why I don’t donate to charity, I donate to friends and family instead
@whynot9421
@whynot9421 Жыл бұрын
Can you make two similar charities, and when you get the profits from each, put them back in the other one so you get more money going towards you instead of the cause. Also for tax benefits
@vanshbhondekar8126
@vanshbhondekar8126 9 ай бұрын
You just told the secret of how rich people avoid paying taxes.
@aliwqerr
@aliwqerr 2 жыл бұрын
Thats how scams work.."legally"
@djbj9632
@djbj9632 Жыл бұрын
“Fantastic” 😂
@Never-mind5
@Never-mind5 2 жыл бұрын
That's exactly what BLM did, 🤣😂🤣
@jemmaa6964
@jemmaa6964 Жыл бұрын
Wdym
@nukeariesdiana2476
@nukeariesdiana2476 Жыл бұрын
​@@jemmaa6964 what do they do about the money they have
@corgi42069
@corgi42069 Жыл бұрын
No, no it isn't. But way to telegraph your racism, shitbag
@nb3463
@nb3463 7 ай бұрын
​@@EmilyGloeggler7984they are all criminals so no wonder
@energystoragesolutions6603
@energystoragesolutions6603 2 жыл бұрын
I do this. You won't hear me complaining.
@skydivekrazy76
@skydivekrazy76 2 жыл бұрын
Thanks for the roadmap...
@PleaseLikeMyComments
@PleaseLikeMyComments 2 жыл бұрын
Wow, I've never seen a more succinct video in my life!!!
@user-ke8vk8bo4j
@user-ke8vk8bo4j 9 ай бұрын
Charities and churches
@stankossovskiy816
@stankossovskiy816 2 жыл бұрын
it is still not clear how it is profitable for "underwriter", the guy who donate the money to optimize the taxes.
@saravanaselvan678
@saravanaselvan678 8 ай бұрын
What to do to get help from an American charity
@youtubesucks8024
@youtubesucks8024 2 жыл бұрын
Fantastic!
@vandershraaf
@vandershraaf 2 жыл бұрын
These short videos are perfect for TikTok. Are you on TikTok?
@laci272
@laci272 2 жыл бұрын
first 4 seconds of the video: My reaction: YES!:)
@whitewittock
@whitewittock 2 жыл бұрын
I love how they defend it too- "we would be making 4 million instead of 1 million a year if we worked in the private sector" it''s time they put a pay cap on charity CEOs
@SunsetSudsAdventures
@SunsetSudsAdventures 10 ай бұрын
I want to do a real charity not only get rich with money when people are starving and getting murdered and raped 🎉
@youremomisgay
@youremomisgay 2 жыл бұрын
Bro thats fucking impure man
@eddygci8
@eddygci8 Жыл бұрын
So it’s essentially a business where everyone else pays you to provide a service for those who can’t pay for it themselves? Under the guise that you’re doing it out of goodwill
@ariftv3582
@ariftv3582 2 жыл бұрын
How to make funds to run charity?
@HowMoneyWorks
@HowMoneyWorks 2 жыл бұрын
We have a video on this. Check it out!
@black-sheep-me
@black-sheep-me 3 ай бұрын
I worked for a non profit last year, soon realized they are a political ideology. I quit and joined another one ,only to realize this is even worse micro managed, unbearable work culture. I am definitely getting negative references from both these morally superior parties because I cannot suck up their stupid work policies.
@headpump
@headpump 2 жыл бұрын
My family is my charity
@bestymusic4845
@bestymusic4845 11 ай бұрын
I have been trying to this so i can start my counselling business and improve mental health in the community but struggling. Have you got an email pleaese??
@SoothShaffer
@SoothShaffer 6 ай бұрын
Imagine if it were as easy as calling omaze. Lmao.
@blackattack1840
@blackattack1840 2 жыл бұрын
I mean damn, when you put it like that...
@kensyre
@kensyre 2 жыл бұрын
i'm gonna be the first ethical charity scam CEO
@mrchatterbox2844
@mrchatterbox2844 2 жыл бұрын
Sounds like United Way
@IsaiahBerberette
@IsaiahBerberette 5 ай бұрын
i am 17 years old have a non profit i started when i was 7. in all of the ten years me or my mom have not used a single penny for anything other than the cause.
@bry120
@bry120 2 жыл бұрын
In the Philippines, vloggers are featuring their charity works on KZbin to enrich themselves. Poverty porn.
@jjuarez4822
@jjuarez4822 2 жыл бұрын
That’s how BLM worked
@saravanaselvan678
@saravanaselvan678 8 ай бұрын
What to do to get help from an American charity please help me friend
@kaleomariz1000
@kaleomariz1000 7 ай бұрын
This one the biggest money making schemes in Brazil.
@sirgreenomilla3321
@sirgreenomilla3321 2 жыл бұрын
My dad does this but in a more ethical way
@pradeepmehra3646
@pradeepmehra3646 5 ай бұрын
My father is dieing no one help in my fundraising compaign 😢😢😢😢
@nettweise
@nettweise 2 жыл бұрын
I want to benefit from that ??
@poolguy101
@poolguy101 2 жыл бұрын
How to be a piece of 💩 101. Step 1 collect socks Step 2 sell soul????? Step 3 profit!
@ashleythompson7879
@ashleythompson7879 2 жыл бұрын
Hmm. Can owls be homeless?
@wayne8797
@wayne8797 2 жыл бұрын
At the end of the day, if you don’t take care of yourself, how are you going to help others 😒
@tomlxyz
@tomlxyz 2 жыл бұрын
True, but taking care doesn't mean paying yourself more than necessary
@paysmenot2624
@paysmenot2624 2 жыл бұрын
You are running a charity not a business, there is no reason for a massive salary to a ceo or some director who don't even do any ground work. They are just expensive middle management enjoying their luxury "headquarters" and lifestyle without any regard for core cause.
@mrevilducky
@mrevilducky 2 жыл бұрын
Save the children you say? Hmm... 👀👀👀😬
@goodstormsgames9744
@goodstormsgames9744 2 жыл бұрын
Ironically not how it works where I'm from. You cannot be a founder of a charity and it's ceo. And the charity is governed by a board of directors who cannot be benefiting from the charity. If you do its fraud and that's some federal level shit you can get in trouble for. Now what you can do is be a business and collect donations and claim those donations on your taxes. That's A okay. Basically get your customers to pay your taxes.
@timfrolov7891
@timfrolov7891 2 жыл бұрын
France?
@G8tr1522
@G8tr1522 2 жыл бұрын
yeah, what's the country
@charrenee9884
@charrenee9884 Жыл бұрын
SMART!
@oldones59
@oldones59 4 ай бұрын
How to get rich by giving? Whoever pays attention to BS like this deserves to get screwed 🙁
@rbrooks738
@rbrooks738 2 жыл бұрын
Clinton’s we’re a best at this …..
@jamessandsmark226
@jamessandsmark226 2 жыл бұрын
Sorry, I think you meant the Trumps.
@forever_golfer1981
@forever_golfer1981 2 жыл бұрын
So it’s like running a political campaign then?
@neverclevernorwitty7821
@neverclevernorwitty7821 2 жыл бұрын
Step 4, go to jail.
@samleonard8069
@samleonard8069 8 ай бұрын
Wow ! 0 men left in the world, just vultures
@sandwicheman9772
@sandwicheman9772 2 жыл бұрын
I think people that are rich already did that
@noel9568
@noel9568 2 жыл бұрын
Don't do this...coffeezilla will make a video on you, just ask faze kay
@dexternorcross3290
@dexternorcross3290 2 жыл бұрын
Sad ..but informative.
@LiveYourLifeForJesus
@LiveYourLifeForJesus 16 күн бұрын
Sick
@7omksada
@7omksada 2 жыл бұрын
BLM anyone ?
@Mr.Moon95
@Mr.Moon95 2 жыл бұрын
Wait that illegal and evil.
@alibarot6486
@alibarot6486 2 жыл бұрын
Is that legal
@HowMoneyWorks
@HowMoneyWorks 2 жыл бұрын
I will make it legal - Emperor Palpatine
@biashacker
@biashacker 2 жыл бұрын
It is absolutely legal. People will pretend to give money to kids for college for example and then pocket the money calling it administrative costs. People are big time scammers.
@stephenrmmaher5047
@stephenrmmaher5047 4 ай бұрын
this is teaching you how to defraud others for your benefit... not a good lesson to teach others
@lauragamino2718
@lauragamino2718 18 күн бұрын
😮 so sick
@bestymusic4845
@bestymusic4845 10 ай бұрын
Thank you for the video. I am trying to open a charity but not sure what a governing document or trustees are. Do you have a an email I contact you on please ? Thanks
@CarlSmith-ri2yf
@CarlSmith-ri2yf 11 ай бұрын
Thanks for the video. I am trying to open a charity at the moment but struggling. Do you have an email I contact you on ? Thanks
@lurkingarachnid7475
@lurkingarachnid7475 2 жыл бұрын
Then you go to jail 🙄
@datboifriz366
@datboifriz366 Жыл бұрын
This seems pretty scummy
@Shreyansh147
@Shreyansh147 Жыл бұрын
Evil....
@allendavis2030
@allendavis2030 2 жыл бұрын
This is absolutely horrible
@Girlecircle
@Girlecircle 3 ай бұрын
Kblarr ling
@hezekiahbergeron3351
@hezekiahbergeron3351 6 ай бұрын
Wat
@mkcharityforkids
@mkcharityforkids 2 жыл бұрын
You are bad😂
@HowMoneyWorks
@HowMoneyWorks 2 жыл бұрын
Maybeeee. BUT... as a charity, you have to admit it’s kinda true 😀
@MH-pc2ky
@MH-pc2ky 2 жыл бұрын
What, ?!?!...like BLM ??👌👍🙊🤪🙉🙈🤣🤣
@sully9832
@sully9832 2 жыл бұрын
Ummmm no
@tammychahdi8927
@tammychahdi8927 7 ай бұрын
shame on you
@kane3825
@kane3825 Жыл бұрын
Disliked
@piyushbanarjee7909
@piyushbanarjee7909 2 жыл бұрын
....not funny
@richwhitelivesmatterforsureduh
@richwhitelivesmatterforsureduh Жыл бұрын
GUYS! IM MAKING A CHARITY TO SAVE SMELLY ITILS. DONATE LIKE DAFUQUE NOW! and go to heaven latah~~~~
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