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Interesting post Webby. I think governments give because they're pressured to, or for good PR, because they have to basically. When they do give money, they give it through established charities mostly, or directly to the governments who probably don't use the money very effectively.
I'm sure in this case they're avoiding these obvious pitfalls by creating their own organizations instead of trusting others, and won't be run by people 'donating their life' but professionals who will be paid accordingly.
I know it's easy to be upset that your country is giving $X when there are obvious uses for $X at home. Also the biggest complaint is that the money doesn't get spent well. I think this foundation covers both concerns well. First it's not taxpayer money, and secondly I really think they'll have a good plan of action when this money starts getting used.
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