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Reply #9: A site calld "MONEY BLOG says this.. [View All]

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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 04:25 PM
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9. A site calld "MONEY BLOG says this..
Edited on Sun Jan-23-11 04:27 PM by Stuart G
http://personalmoneystore.com/moneyblog/2010/11/15/257-... /

The help of food banks
Small local food banks that network with Feeding America will benefit their patrons dramatically. Consider taking $2 to the grocery store to buy canned goods for a local food collection. Won’t buy you much, right? However, with Feeding America, that $2 can provide dinner for someone in need for two whole weeks!

A full 97 percent of all funds received go directly to support hunger relief. That means they only use 3 percent to cover executive expenses. Now that’s an efficient business operation. You can go onto the Feeding America website and donate $25, which will help feed a family of four for two weeks. Or, even better, you can encourage your local food banks to network with Feeding America to help in the global effort to provide hunger relief.


But this still isn't clear..local food banks are efficient..but is Feeding America???
and Money Blog is not really a reliable source me thinks..
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  -Question about Executive Compensation of a non profit...Feeding America Stuart G  Jan-23-11 04:08 PM   #0 
  - On the surface, no.  Ruby the Liberal   Jan-23-11 04:12 PM   #1 
  - I was wondering the same. that number is not clear..to me..at this point anyway.  Stuart G   Jan-23-11 04:16 PM   #4 
  - See post #12 here  Tansy_Gold   Jan-23-11 04:13 PM   #2 
  - Find me a $600 million company whose CEO makes less than that  Recursion   Jan-23-11 04:15 PM   #3 
  - Big difference between CEO of a for-profit company  Tansy_Gold   Jan-23-11 04:21 PM   #5 
  - That's why she "only" makes $400K  Recursion   Jan-23-11 04:24 PM   #6 
     - If they pay her that she must be worth it...  Tunkamerica   Jan-23-11 04:35 PM   #12 
  - So what? Something being normal wouldn't make it right.  JackRiddler   Jan-23-11 04:25 PM   #8 
     - They need a CEO with a lot of contacts she can press for funding  Recursion   Jan-23-11 04:31 PM   #11 
  - 400,000 for any non-profit executive is too much.  Arctic Dave   Jan-23-11 04:24 PM   #7 
  - Except unfortunately that it's normal, and that's what class society is all about.  JackRiddler   Jan-23-11 04:26 PM   #10 
  - A site calld "MONEY BLOG says this..  Stuart G   Jan-23-11 04:25 PM   #9 
  - can $400K be attributed to her holding that position? If so, then yes - she is worth it  DrDan   Jan-23-11 04:53 PM   #13 
  - first, i don't think they raise $600 mill. i think most of that is the "value" of food donated  Hannah Bell   Jan-23-11 04:56 PM   #14 
     - ITA. n/t  Tansy_Gold   Jan-23-11 06:14 PM   #15 
 

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