Friday, November 25, 2011

Thanks Giving

Yesterday I donated a little to some charities that are important to me.  I'm not saying this for praise or recognition, but rather because it brought up some questions...

For one, let's just say I donated to a non-profit whose mission is research, and proposedly development of a cure, vaccine, or at least a medical protocol to increase standard of living or life expectancy.  My question is then, what if they find a cure or vaccine or a medical protocol?  Who pays for the treatments?  Notice that this not a drug company and as a non-profit it isn't meant to make, well, profit, but of course there are costs incurred beyond the R&D...  So, what happens if one of these companies is ultimately "successful"?  Who overseas the use of donor funds or how the treatments are administered?

And, not-for-profit doesn't mean that a company doesn't make money.  It still has employees and management and executives who need to be compensated.  So, isn't this a dilemma?  If a companies mission is to develop a cure for something and it achieves this mission doesn't it put itself out of business?  Isn't this about as clear a conflict of interest as anything has ever been? 

I write this with hesitation.  I certainly hope people donate to causes they believe in and I don't mean to shine unfavorable light on any organization which is out to do good.  Rather, I'm simply looking to ask the right questions.