for everyone stressing about whether the Minnesota Freedom Fund is somehow shady because they haven’t cranked all that money out the door yet - I’m a grantwriter. the new organizational infrastructure you have to build to manage this level of money responsibly takes TIME. https://twitter.com/LouisatheLast/status/1272962629137465346
The thread above is a great primer. Nonprofit management is complicated and not every scrappy grassroots org has a fully staffed finance department or the administrative staff necessary to manage an overnight explosion in how money comes in and out.
The reason we know they are ethical and not grifters is that they themselves started telling us to please shift gears to other bail funds instead. They aren’t trying to con everyone. They just don’t want to be the guy that goes bankrupt 2 years after he won the lottery
If your total budget is under a few hundred thousand dollars a year, most nonprofits don’t get their financial statements audited, because it’s expensive and massively labor-intensive. But now they will have to. That’s just ONE example.
And they know that every dollar they don’t spend may mean another day someone stays in jail, like they OBVIOUSLY know the stakes here and are working as fast as they can. But an organization raising money isn’t like a person raising money. There are more layers here.
But the tradeoff is accountability. Auditors opening up MFF’s books every year to make sure the money was spent in compliance with the will of donors. Annual reports on their spending.
way more effective than handing all that cash to an individual and saying “idk figure it out”
way more effective than handing all that cash to an individual and saying “idk figure it out”
sorry my job is literally never relevant to current events so I got a little excited