By the time 501c3 entities receive federal grant funding, the value of each dollar has shrunk SIGNIFICANTLY. One source (ChatGPT) states one taxpayer dollar becomes roughly $0.60 by the time it reaches the end user/501c3. While that may/may not be a credible source, it doesn’t take Elon Musk to figure out the massive waste of this current process. Why not consider ADDITIONAL corporate/small business tax incentives with something like…
If a company’s revenue is XXX, and the company invests xxx with 501c3 orgs in the communities in which they operate, then the federal taxes owed would be reduced by x.
This will almost instantly improve post-pandemic community relations and engagement, and community services across this amazing country will thrive!