Hmm. There's a lot of concerns I see with this charity event, as to who's actually pocketing the money. On the front it looks like a good thing, it's to improve the buildings to add a few important things, and also "theatres" for whatever reason and how many of these theaters they need to add for instance isn't specified or why. You also hear in the video about how many people(more than usual they say) worked on this project so far, therefore it makes me question, how high the cost will be and who's getting paid how much of this charity money for what, like is the director of opinions taking $5 mil home because he said it's a good idea. It also seems like rather than renovations, it will be a complete tear down and rebuilt based on the video which shows a larger, different structure. I could be wrong on this(correct me), they might just renovate and add an extension.
There's this video I saw once about the gov building a toilet in a park which went from around $200 000 to $2 mil because of all the "processes" and years it took for everyone who wont build or do any actual shit to give their opinion and whatever else is truly unnecessary. Then they privatized construction, with union and it got more expensive, then idk what office time frame signature expired and they paid for it regardless, had to do it again. Just a bunch of crooks, but this is a standard.
I found it! $2 Million Bathroom
Also keep in mind:
"We are a private patient unit within GOSH and we provide care for paying patients both from the UK and overseas. We are not an NHS service and our care is not free. As a UK resident, your child would be a private patient and you would either need to be able to pay for the care or be covered by medical insurance." <---source . Link doesn't work perfectly, it's on that page, you need to expand the "I am a UK resident, can my child come to GOSH?" faq.
I'll stay away from funding private hospitals with my money, since I feel as long as we promote privatizing everything, some corpo asses are going to get their nice multi million salaries at the end of the year for which they charge mega high prices, and they go out of their way to litigate against public hospitals, and the gov will see no need to make public hospitals with affordable care since there's private ones.
So yeah maybe some good deals, but I don't support the charity, because I don't want to support building buildings for the already rich for them to exploit the poor, but I'd support if the money went to pay for some sort of initiative to make this needed care taxpayer funded, as it should be and de-privatizing the healthcare industry.
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Most health service in the UK is private these days
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Brexit
was a plan to ruin government will things got privatized and sold off for cheaper....fucking worked...
same thing happening in america right now but much worse...
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Its crazy how they can hijack prices of constructions when everyone want to increase their profit. Reminded me when I recently read plan upcoming plans of my city shaping. Last year our city leaders spent milions czk to build themselves a parking house. Now they want to build an acess point to river infront of our city officers building, so people can go sit there or take bath. What you can't see on that "future" picture is on other side of river is park where everyday sleeps dozens of homeless people.
Then I saw a financies asigned to project. It was crazy. It was basicaly triple of price of my projects to build and I am designing waste water treatments plans, where you have also expensive technologies and underground watersystems to replace on top of building.
Edit: also the river is in state when none normal people would want to put feet in the water while sitting. It is really dirty, fish you would't see there for over 20 years anymore.
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Wait, so this is a "charity event" to fund a private hospital? One that charges its patients, right? So basically a private, for profit, company is trying to crowdfund its buildings renovations/expansions.
Wow this sounds sketchy. Like, maybe it isn't and it just sounds shady, but it sure doesn't inspire me much trust.
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Most charities have to make a profit - they have bills the same as you or me and a lot of the people involved even in charity shops or updating websites are paid to some extent - people volunteering for free is not as common as it used to be
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Yeah but I usually don't consider covering expenses and paying workers as profit, or at least I've never seen it framed as profit. I don't know how it works in other countries but here there's a pretty hard legal divide between for-profit companies and non-profit organizations, mostly because it's not rare for shady businessmen to file orgs as foundations for the sake of tax breaks. My mom is a lawyer and I grew up hearing about all sorts of legal exploits to dodge the fisco.
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But isn't it still taking money out of the donation away from the charity - what about ads on the TV how much do they really bring in (I mean who really even watches ads anyway)
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The basic idea is that a non-profit has no money left over at the end. They have expenses like advertising and paying employees, but all the money left over after expenses is meant to be spent on their overall mission.
A for-profit company keeps the money left over after expenses and gives it to the owners
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So how much profit can we really expect is left after expenses
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Do you mean for a non-profit or for-profit? A for-profit will cut corners in order to boost their profit, but theoretically they could have a ton of profit or none.
A non-profit legally can't have profit. They must spend all their revenue on their mission (meaning revenue must equal expenses, resulting in 0 profit).
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I know I meant after expenses how much of what is donated (by buying games) will be left to go toward the cancer unit
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One of the developers said it's an undisclosed amount of "Revenue Sharing", so it might vary between games. No way to really know unfortunately
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so we could buy a game from the event and 1p goes to the cause and the rest is used as normal?
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Yeah, could be any amount. I would guess that newer games would have a lower split, and old games on a big sale might go mostly to charity, but really, who knows
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I don't agree that most charities have to make a profit. Profit is revenue minus expense.
For a charity event, the raised money is the revenue, while the labor cost, the bills, the advertisement... are its operating expenses.
If a charity event is organized by a non-profit organization, often it'll be sponsored by some corporations. The corps will cover the expense of the event in exchange for having their name attach along with the organizer, as an advertisement. The NPO also has other sources of money from government funds, other donation programs, and corporation sponsors to pay for the expenses. At the end, the majority of the raised money will go to the cause, the event organizer will retain none, as the "non-profit" implies. They have to make money, but make no profit.
See Wikipedia, Firefox, Red Cross, or WWF for examples. Beside volunteers, they also have full-time paid staffs, and the salary there isn't at the lower end of the spectrum.
In Axelflox comment, a for profit company, in a general sense, is an entity who retains the difference between its revenue and expense. The different will be absorbed into its capital, invested into research and development, or distributed to shareholders.
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i understand all this but do Hospitals have sponsors?
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It raises questions because the organizer is a private, for profit hospital. If the hospital is a public entity that provide affordable healthcare service or they will donate the cancer treatment facility to the government after completion, I don't think there will be any questions.
About your question, it's yes. In my country, public hospitals struggles to provide adequate services, and the government only funds part of the expense, so they accept company sponsors. Private hospitals are expensive, and some of them don't take part in the national insurance plan, so you'll have to pay in full.
Here, companies do charities, but they will take the money from they own pocket, or cooperate with government agencies or non-profit organizations. They don't raise money from the public to build their own facility, then later charge the public for using that facility. That is the stock market, not charity.
Edit: as PsychoApeMan pointed out below, maybe the hospital is not private.
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Turns out I'm a little wrong, but not fully. The site I linked to was for the private part of the hospital, however the larger(I assume) part of the hospital is part of the NHS which provides free healthcare, but I assume it's for terminal or extreme cases.
However I looked up the charity on the uk gov site, and they spent about 50% of their expenditures were on salaries and whatever else to maintain the charity, and 50% went towards the cause, and some extra unspent went in stocks to grow. That doesn't align with what my expectations of what should be done with the money.
Basically if you buy a game on steam to support this charity for like $7, $2 is set aside to be put in stocks so it grows over time, $2.50 goes to help someone, $2.50 goes into someone's paycheck or whatever it costs to run the charity, like advertisements on tv and websites.
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Mhh, well the damage is done but it isn't that big of a damage regardless, I wasn't exactly planning to buy from this particular sale, I had just gotten curious about the whole charity side of it after reading your comment. If anything I'm more worried about how heated things got in this discussions and that wigglenose seemed to get genuinely affected by this.
Mistakes were made, by all of us. I appreciate that you're willing to admit that and correct yourself :)
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You're linking to a website for the Great Ormond Street IPP (International and Private Patient) unit - which, as it says in your quoted text is a unit within GOSH. At the end of the same section it includes the link for the main website - https://www.gosh.nhs.uk/
Great Ormond Street is an NHS hospital, which also has a unit providing for private and international patients. It's not a private hospital.
Also, I think there might be a language barrier making you confused about the need for "theatres" in a hospital - it's not to perform plays, or anything like that... 😅
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Interesting, I'm happy to be corrected if I am wrong, that was just the information that seems to be available. When you look up whether that hospital is a public or private hospital, that is what shows up.
So it's a public and private hospital at the same time right? It's part of the nhs which provides free care, and then it's also has a part which is private where people pay.
Thanks, this makes it a bit better, do they specify anywhere whether this donation goes towards a public or private part of the hospital? If the hospital is part of the nhs and the construction is reasonable wouldn't it already be getting funded through it?
I guess I should add maybe someone knows, the public free care part of the hospital seems to be for extreme cases, likely terminal conditions, or life threatening injuries, or can anyone at any discretion use the public part of the hospital, and if they can, what is even the point of a private section of the hospital?
Ok I did a bit more research, here is the uk.gov data on it:
https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/5055297
Total income:
£131,210,000
Total expenditure:
£93,211,000
Expenditures:
Raising funds £46.22m
Charitable activities £46.99m
Other £0
262 Employee(s)
13 Trustee(s)
420 Volunteer(s)
Employees with total benefits over £60,000
Number of employees
£60k to £70k 13
£70k to £80k 6
£80k to £90k 4
£90k to £100k 1
£100k to £110k 2
£110k to £120k 3
£150k to £200k 1
So it's spent about 50% of it's assets on raising funds. The site doesn't describe that in detail, but it is mentioned about £12 mil was raised from investing in the stock market, which is being kept to be used at a later date, along with another £38 mil.
Can you tell me now what 50% of their donations were spent on? I can kinda understand these first 30 people account for around £2.7 mil, then the other 232 would be earning £200k+ which can't be because the charity lists they gotta be making less than £60k.
Also the charity wants to raise £300 million if I'm right for this new addition. Not sure if that makes sense value wise, to me it doesn't, £300 sounds like a lot of money.
PS: Yes I got really confused about the theatre I thought it was to provide entertainment for those terminally ill or stuck there for a long time, which I'd understand(was confused as to why multiple lol), I misunderstood since they didn't call it an operating theatre, or an operating room like I expected.
Also, since I'm a little more informed now, I recommend reading this too: https://en.wikipedia.org/wiki/Great_Ormond_Street_Hospital
In 2023 it was rated as the third worst hospital in terms of cleanliness in the UK, and I'd read the other and patient-led assessments sections for more questionable things.
Still I appreciate you correcting me regarding the public part of the hospital vs the private one. Didn't even know they'd run separate websites, but I guess it makes sense since doctors are probably not actually employed by the hospital but leased through some fishy company the doctors use, like they do here in the USA.
Edit: I wanted to ask if someone knows too, I know for instance with open ai(I know different areas), it was originally a non profit and was supposed to launch as open source, however after big donations and amassing some capital they are now going private, despite taking the donations which they've used to develop the software. Since GOSH has a private part, are there chances they can do this eventually? As in, keep investing in stocks until a % revenue is "guaranteed" each year and then go private, instead of taking donations and being part of the nhs. Could they turn their buildings private after they were build with people's donations from a charity?
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Now you are just lieing. If there is only this one okay but you are puking hate to almost everyone. I was about to send a friend request to normally chat but i saw you blocked me and blacklisted to avoid me. Now i am sure you don't only have anger issues, you are unhappy. Just because of that you can't stand when you see someone is having more fun than you. I wasn't here to argue with you in the first place. But it was fun :D Don't be that sad. Life is as short as a blink of an eye.
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Can someone summarize the GOSH Charity annual reports so i can "decide" who to yell at?
Hopefully they were yelled at for door-to-door fundraisers using pressure-selling techniques (use 12.ft.io to bypass paywall)
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The wikipedia has other nice things as well, like sharing user data with other charities, selling live tissue of patients to pharmaneutical companies without knowledge of patients, selling data to a wealth screening company, selling patient data to an AI company in exchange of shares (then losing 2 million pounds when it went under), and claims of institutional racism. Unsure how exactly the charity is linked to the (otherwise) NHS funded hospital, but this is NOT a good look :/
https://en.m.wikipedia.org/wiki/Great_Ormond_Street_Hospital , controversies part.
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i'm sorry that a charity event that is to help with cancer treatment has angered so many people
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Don't feel bad, it's not your fault. It's just that sadly so many times one hears in the news about these things that superficially seem positive but under closer inspection are a bit of a questionable clusterfuck that it's unavoidable to become somewhat jaded and distrustful.
You're not the one to blame but as the saying goes it's pretty common to shoot the messenger.
Also all the discussion here amounts to little more than suspicions so far, so it's still unclear what, if anything, is truly going on.
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I hope you don't misunderstand my concerns with anger, I just want to know as much information as to what is being done with the money I'm giving it. I got a little corrected above regarding the hospital, it is a public nhs hospital which is also private, the link turns out was part of the private section, because when you look it up and whether it's public or private, it shows up as that. Didn't know they operate different sites for the public and private sections.
At the same time, last year they spent the most on "raising funds", this should include salaries for the 262 employees the charity has.
From my point of view, I'd prefer the hospital be fully public, and the government take a small tax from everyone scalable based on their income to support such services. Then you don't need a charity to spend 50% of it's expenses on employees and well I'm guessing advertisement on tv or something right? Then those people can get jobs somewhere it's beneficial.
I'm from the US so my opinion shouldn't matter regarding the uk, and it's the same here, but I'd prefer I lived in a world where we understood that kind of efficiency. If you think about it, we had to create a job and pay someone to tell another person it would be nice to help out, instead we could make it a standard.
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I didn't and I do understand the points raised by people here which I to have questions about - like how much of the purchase price is going to the hospital/charity event if like 10% good - if 50% great but if only 1% maybe not so good
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Seems like out of a $7 donation, about $2 goes into into investment in stocks to grow over time so they have reserve capital, and then $2.50 goes to the salaries and advertisement and whatever else to run the business, and another $2.50 goes to the actual cause. So about 30% of the money actually goes to the cause within that year, 70% is used on salaries, advertisement, business costs and stock investments to secure the charity.
Total income:
£131,210,000
Total expenditure:
£93,211,000
Raising funds £46.22m around 50% of all money they spent last year
Charitable activities £46.99m around 50% of all money they spent last year
Then you got £38 mil which is for "future use" I'm assuming this is invested into stocks, as there's a little checkbox that says "show investment details" and it shows they got £12 mil this year from investments. Imo to be able to grow £12 mil from investments you'd need to have like probably £300 mil capital invested into stocks over the years or something. They've been doing this since 2016, but I can't find that data anywhere of what they own and what they invested in and what % return that is. This is why I'm somewhat afraid that once they get enough money to sustain themselves from just private investments, and once they built the extra addition with money donated from people, they might go fully private instead, since they already got a private section.
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https://store.steampowered.com/curator/32941731/sale/GreatOrmondStreetHospitalCharitySale2025
https://www.eurogamer.net/great-ormond-street-hospital-charity-steam-sale-offers-up-curated-collection-of-co-op-capers-and-more
Please support a great cause and post any good deals you notice
95% off - https://store.steampowered.com/app/537800/Bomber_Crew/
95% off - https://store.steampowered.com/app/2533370/Heads_Up_Phones_Down_Edition/
More about the charity - https://www.gosh.org/
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