I think when an organization accepts the implied public subsidy that tax-advantaged status provides, it opens itself up to a considerably broader range of scrutiny and criticism than would be fair game without that status.
Worth noting that OP’s biosecurity funding comes from a single private individual and is conducted via an LLC, so I don’t think this particular argument works in this particular case.
(To be clear, not trying to say here I agree or disagree with the Helena grant or OP’s approach to transparency on grants—just trying to make this much smaller point)
Can you confirm this is true specifically for biosecurity grants made to 501(c)(3)s like Helena? I know a lot of the biosecurity funding needs to be channeled through for-profit channels because of who the recipients are (or because the transaction is actually an investment vs. a pure grant), but it’s not clear to me why you wouldn’t run a pure grant to a 501(c)(3) through tax-advantaged channels.
I cannot confirm that. Reflecting on what I said, I think I may have misunderstood you at first, and think you have a better point than I first thought.
Worth noting that OP’s biosecurity funding comes from a single private individual and is conducted via an LLC, so I don’t think this particular argument works in this particular case.
(To be clear, not trying to say here I agree or disagree with the Helena grant or OP’s approach to transparency on grants—just trying to make this much smaller point)
Can you confirm this is true specifically for biosecurity grants made to 501(c)(3)s like Helena? I know a lot of the biosecurity funding needs to be channeled through for-profit channels because of who the recipients are (or because the transaction is actually an investment vs. a pure grant), but it’s not clear to me why you wouldn’t run a pure grant to a 501(c)(3) through tax-advantaged channels.
I cannot confirm that. Reflecting on what I said, I think I may have misunderstood you at first, and think you have a better point than I first thought.