An article by Don Thompson in the San Francisco Chronicle shows that people need to do some homework before they donate to any fundraisers. The Attorney General of California warned that the money that people donate may never reach the fundraiser that they would like to donate to. Professional fundraising firms are keeping more than half of the charitable donations that they receive.
He said this, “The firms raised $356 million in cash contributions last year but gave charitable organizations less than 44 percent of the money. They kept the rest for fees and expenses.”
So interesting. Why use a professional firm if you don’t get the money that was donated? Is the rest really for fees and expenses, or are these “non-profit” organizations turning a profit?
“American Diabetes Association Research Foundation lost more than $1 million to Futuremarket Telecenter Inc. of Corpus Christi, Texas, according to the report. That was an improvement from 2007, when the Virginia-based charity lost nearly $4 million using the same fundraiser.”
It seems unfair that people are donating this money for the purpose of blessing lives, but people feel it necessary to take from the poor and sick so that they can pay for “fees and expenses.” Are these fees and expenses perhaps their car and house expenses?
The article can be found here.
