Uncle:
I think you might be grasping a little here.
Nope. I made no commentary. I just posted what was on the website.
From my examination of the website, it seems that the DONORS decide where THEIR money goes. So what you have are a few rich JW's (who might even use Fidelity Group as their finacnial consultant/ brokerage) deciing to give $$$ to the WT through this.
Wealthy JWs would at least know that the Fidelity Group charges 2% load. They could send their money directly to Watch Tower, and 100% goes to the Society ... and the Donors still get the same tax break.
Instead of giving the money directly to Brooklyn, they would rather give 2 cents on the dollar to Fidelity.
Think so? I kind of doubt it.
But for that 2%, Fidelity sets up the gift so the donor scams a tax break from the governemnt that in some cases is even larger than the gift itself. They MAKE a profit on a gift. Yes, it stinks but it is perfectly legal.
Fidelity makes an overhead to support the cost of running the Gift Fund. But no profit. As for JW Donors ... they could set up an annuity that pay X Dollars out to the WTS, and they keep the rest, and make more money ... or they could put the funds into a Mutual Fund that pays the Society the net gains, but the principle remains in tact.
WT gets theirs and rich dub gets theirs. I could be wrong. But from what I saw that is all there is to this.
You may be right. I made no specific commentary. The only thing is that the Society and some congregations are dipping into the same pot where we find the Government and Religion. The Society claims to be clean of any connection ... and they could direct Dubs to send money directly to the WTS ... instead, they and their followers are using more and more of the world they condemn.
There was a time when Congregations were barred from even having a savings account. We could only have a checking account for the ease of paying bills. Now congregations can have savings and CD, and T-Bills, and Bonds ... etc.
I am not suggesting any big scandal ... just observing a trend to be more and more a part of the system they so vehemently condemned as of Satan.