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- Apr 5, 2005
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I would rather see the cash stockpiled than see it given away to charity.
Charities are a gravy train, most have salaried staff and in real terms what is donated 20%-40% in donated value ends up where its needed.
It's not a conventional charity. Nominet gives all the surplus to the Nominet Trust, which is spent on "stuff" that vaguely relates to computing/internet. Very little of what it does is "needed" in the conventional sense (it's not feeding starving people, rescuing animals, saving lives etc.) but it all looks grrrreat for PR purposes.