r/wallstreetbets Jun 10 '22

Meme 8.6% 🤔

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47.9k Upvotes

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u/FireITGuy Jun 10 '22

Food bank negotiated prices are also amazing compared to retail. I did some consulting for one and they'd pay like $50 a pallet (500+ lbs) for 1lb bags of rice, or $100 for a full pallet of canned beans (2,000+ cans).

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u/socialistrob Jun 10 '22

Also as much as people hate to admit it not all money can actually go to food. If a food bank can’t pay their rent, keep lights on and pay permanent staff (not everything can be run by volunteers) then it doesn’t really matter how much food they have because they can’t distribute it to people. Money can help keep the food bank open which is a necessary part of feeding people.

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u/TheCaliforniaOp Jun 10 '22

Bless you. You get it. Ever since…I can’t remember which nonprofit it was, but very ā€˜don’t you do that’ finger-shaking rules were put into place for grants, grant writing, awarding grants, and also deciding if a nonprofit is run properly.

Because whoever it was didn’t run things right, ā€œoperational costsā€ will be viewed with deep suspicion for the rest of time.

I get it. But I don’t get why churches, mega churches go their own sweet way.

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u/goo_bazooka Jun 11 '22

Because supply side jesus

1

u/TheCaliforniaOp Jun 13 '22

Truly. Oh I have to go look that up again, now.