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Finance: What is NGO? 4 Views
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Description:
NGO = Non-Governmental Organization. NGOs are (intentionally) non-profit organizations. Greenpeace. United Way. Books for Dogs. You get it.
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Transcript
- 00:00
Finance allah shmoop what is an ngo Oh come on
- 00:07
You remember the song Sing it with me You know
- 00:09
there was a farmer had a dog and bingo was
- 00:12
his name I'll be all right Well you get the
- 00:15
idea then an ngo is way more meaningful in the
Full Transcript
- 00:18
world though Although not to a six year old kid
- 00:21
Thank you very much Ngo stands for non governmental organization
- 00:26
which is an intentionally nonprofit organization like greenpeace the red
- 00:32
cross united way unicef the x files books for dogs
- 00:37
all that stuff Well ngos receive all of the favorable
- 00:40
tax and operational treatment of a normative nonprofit but because
- 00:45
they're overseeing and protected by uncle sam well there's less
- 00:48
pressure on them to raise a ton of money fast
- 00:51
so they tend to be able to focus on more
- 00:53
long term efforts like if there's an ngo that's working
- 00:56
on delivering warm clothes to every village in zaire Well
- 01:00
they're not going toe bold if they go three weeks
- 01:02
without holding a fundraising chili cook off there's Some senator
- 01:06
or congressman or other politico who you know can shake
- 01:09
a tree raise money and they're off to the races
- 01:11
And it's Almost a shame about that cook off thing
- 01:13
because well chili cook offs in zaire are off the 00:01:17.559 --> [endTime] hook No
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