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Michael Williams

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Why do we allow Non-Profits to Profit?

Why do we allow Non-Profits / charities to Profit? What is the incentive to ever achieve a non-profit's/charities goal?

The American cancer society, has been a charity for around 100 years, has made around 1 billion in donations in 2012 alone, and a CEO makes 2.5 million as a salary, with such a track record, why would a company want to find a cure when that would end their funding and therefor salary.
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http://en.wikipedia.org/wiki/American_cancer_society#Activities_and_Fund_allocation

This is only one of many charities and non profits, how can such a practice go unregulated and even applauded?

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