Intel Halts Boy Scout Donations Over Anti-Gay Policy

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Personally, I oppose corporate charitable funding in general. Is charitable funding a part of any corporation’s corporate charter? I doubt it. They have something that they do well–serve coffee, make electronics, make chicken sandwiches, make doughnuts, make cellphones, whatever. Investors buy shares in the company because they believe the company can be profitable doing the things it does best, not because it donates to outside organizations.

If the company has money to give away, it should be reinvested in the company, paid to employees, or paid to stockholders in the form of dividends. To quote Calvin Coolidge, “The business of business is business.”

Employees and stockholders can give to outside organizations. And if the company reinvests money in the business, more people get jobs. A win-win, instead of antagonizing part of your customers.
Very well put, and I agree wholeheartedly.
 
Rich Olszewski:
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Originally Posted by JimG

Personally, I oppose corporate charitable funding in general. Is charitable funding a part of any corporation’s corporate charter? I doubt it. They have something that they do well–serve coffee, make electronics, make chicken sandwiches, make doughnuts, make cellphones, whatever. Investors buy shares in the company because they believe the company can be profitable doing the things it does best, not because it donates to outside organizations.

If the company has money to give away, it should be reinvested in the company, paid to employees, or paid to stockholders in the form of dividends. To quote Calvin Coolidge, “The business of business is business.”

Employees and stockholders can give to outside organizations. And if the company reinvests money Th in the business, more people get jobs. A win-win, instead of antagonizing part of your customers.

Very well put, and I agree wholeheartedly.
Ditto

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Actions have consequences:

This week, Intel, which was recently identified as the Scouts’ largest corporate funder, announced that it is no longer giving to the youth organization. In 2010, Intel reportedly gave more than $700,000 to local troops and councils.

In a statement to ThinkProgress, Intel clarified its policies, and said that it would no longer give to organizations that were out of step with its nondiscrimination principles. “Earlier this year we revisited our policies associated with the program, and applied new rigor that requires any organization to confirm that it adheres to Intel’s anti-discrimination policy in order to receive funding,” Intel’s Chief Diversity Officer wrote in the statement to ThinkProgress. According to ThinkProgress, those Boy Scout troops and councils that do allow gay troops and leaders, in defiance of the organization’s policy, are still eligible for Intel’s funding.

Source: huffingtonpost.com/2012/09/22/intel-stops-boy-scout-don_n_1905856.html

rossum
 
Personally, I oppose corporate charitable funding in general. Is charitable funding a part of any corporation’s corporate charter? I doubt it. They have something that they do well–serve coffee, make electronics, make chicken sandwiches, make doughnuts, make cellphones, whatever. Investors buy shares in the company because they believe the company can be profitable doing the things it does best, not because it donates to outside organizations.

If the company has money to give away, it should be reinvested in the company, paid to employees, or paid to stockholders in the form of dividends. To quote Calvin Coolidge, “The business of business is business.”

Employees and stockholders can give to outside organizations. And if the company reinvests money in the business, more people get jobs. A win-win, instead of antagonizing part of your customers.
I like this post. It reminds me of how it is necessary for some reason for celebrities from the world of sports or entertainment to all have their pet charity largely one suspects for PR purposes.

Wasn’t the Calvin Coolidge quote “the business of America is business” though?
 
Personally, I oppose corporate charitable funding in general. Is charitable funding a part of any corporation’s corporate charter? I doubt it. They have something that they do well–serve coffee, make electronics, make chicken sandwiches, make doughnuts, make cellphones, whatever. Investors buy shares in the company because they believe the company can be profitable doing the things it does best, not because it donates to outside organizations.

If the company has money to give away, it should be reinvested in the company, paid to employees, or paid to stockholders in the form of dividends. To quote Calvin Coolidge, “The business of business is business.”

Employees and stockholders can give to outside organizations. And if the company reinvests money in the business, more people get jobs. A win-win, instead of antagonizing part of your customers.
I don’t know. Corporate charitable giving is a form of free speech. It is a channel for community involvement. It is certainly a PR ploy: to get your name and logo out there by sponsoring events. What bottled water company wouldn’t want to kick down a few cases for Katrina survivors, when they know those same people will be shopping in stores for years to come?

I don’t think charitable giving often has the effect of alienating a customer base. Boycotts are usually weaker than shows of support. Just look at Chick-fil-A. I think the general public seldom sees not-for-profit charitable causes as objectionable or evil. This is perhaps the view of conservative Christians and other minorities. I think it is more likely that people will see a pink ribbon or a March of Dimes logo and feel good about fighting cancer, or helping children, and not trouble themselves with troublesome images of abortion and euthanasia…
Intel’s products provide me with the means to support traditional views on marriage and sex.
Very true! I wisely use my time at Starbucks to discuss Catholic topics with my friends and educate them about the faith! I use my Facebook account to preach pro-life causes! I use my Intel processor in service of the New Evangelization, and not for porn or profanity (but perhaps some idle fun).
 
I like this post. It reminds me of how it is necessary for some reason for celebrities from the world of sports or entertainment to all have their pet charity largely one suspects for PR purposes.

Wasn’t the Calvin Coolidge quote “the business of America is business” though?
Yes, I think your quote is more accurate. A web quotations page has it as “The chief business of the American people is business.”

He also said, “I have never been hurt by anything I didn’t say.”

and “When more and more people are thrown out of work, unemployment results.”
 
He also said, “I have never been hurt by anything I didn’t say.”
He didn’t live in the 21st century otherwise he would have known better than to have said that!
and “When more and more people are thrown out of work, unemployment results.”
Duh. Yes.
 
He didn’t live in the 21st century otherwise he would have known better than to have said that! Duh. Yes.
the reason why Coolidge is unpopular in academic circles is because he lacked the propensity to put his foot in his mouth.
 
the reason why Coolidge is unpopular in academic circles is because he lacked the propensity to put his foot in his mouth.
He liked to keep his mouth closed! There is the story of the lady who sat next to him at a White House dinner. “Mr. President,” she said, “I bet my friends that I could get you to say more than three words to me during dinner!”

Coolidge replied, “You lose.”

But academics also don’t like him because of his pro-business statements.
 
Yes, I think your quote is more accurate. A web quotations page has it as “The chief business of the American people is business.”

He also said, “I have never been hurt by anything I didn’t say.”

and “When more and more people are thrown out of work, unemployment results.”
The last one sounds more like he’s edging into Yogi Berra territory.
 
I am sure the Boy Scouts will do just fine without Intels support.
 
Right. They don’t need no stinkin’ money from their previously most generous supporter!
Hey, Jesus fed his followers just fine with a few loaves and fish. I’m sure the BSA will get their daily bread, too.

They don’t need handouts from those willfully living in sin.
 
They don’t need handouts from those willfully living in sin.
I think that the BSA won’t turn it down, though. A father or a mother of a Scout may have a lover on the side, but their money and participation in Scouting activities won’t be rejected. 🙂
 
I think that the BSA won’t turn it down, though. A father or a mother of a Scout may have a lover on the side, but their money and participation in Scouting activities won’t be rejected. 🙂
Cheap shot, Rich.

Peace,
Ed
 
Right. They don’t need no stinkin’ money from their previously most generous supporter!
Yes! The point is finally being understood! If someone gives you money, they control you!

Finally! It is resonating! 😃

Look at what Gov’t. given monies is doing to our church.:cool:

If money converted everyone to Christainity, Maybe Our Lord would have come as a banker- instead of dying an ignominius death on the cross.
 
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