just a coin

Did everyone else understand that Non Governmental Organizations, ie, NGOs, receive most if not all of their funding from the government, or was I just being ignorant? If NGOs receive most if not all of their funding from the government, what is the basis for calling them non-governmental? The answer according to Google is that an NGO is non-governmental because it operates without governmental control and oversight even though it receives government funding. Why is it beneficial for there to be non-profit organizations, that is NGOs, that receive all or substantially all of their funding from our government, but don’t have any government oversight or control? Non-profits are not known for having good governance. The combination of funding without oversight and control creates the opportunity for fraud, waste and abuse that we have seen in some of the USAID grants that have been made public in the last week or so. In the private markets, that is the real world, a majority shareholder would have control and oversight. Why do we allow our government to make majority investments without control and oversight? It makes no sense. It is time we scrutinize all NGOs and reconsider investing taxpayer money in private organizations without proper oversight and control consistent with what a majority investor would expect in a private corporation.