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alp227

(32,015 posts)
Sun Dec 25, 2011, 04:11 PM Dec 2011

State tracks commercial fundraising for charities

That money you donated to charity last year may not all have actually gone to the organization - instead much of it may have been used to pay the commercial fundraiser that collected the cash, according to a report by the California attorney general.

The annual report looks at how much money was raised by commercial fundraisers in California and how much of it went to charitable organizations. The office found that about 45 percent of the nearly $363 million raised in California in 2010 went to charities, up from 43 percent in 2009.

Some charities, such as Special Olympics International, got every penny they raised. Others, including Amnesty International, actually lost money on their fundraising ventures in 2010.

Shum Preston, a spokesman for California Attorney General Kamala Harris, said consumers should use the report as a resource to make informed choices.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/12/24/BAT31MFDL2.DTL&ao=all

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State tracks commercial fundraising for charities (Original Post) alp227 Dec 2011 OP
Yep, it's a great racket. nt bemildred Dec 2011 #1
"not for profit" companies run similar scams - they take in money, spend it ALLl on themselves, and msongs Dec 2011 #2

msongs

(67,394 posts)
2. "not for profit" companies run similar scams - they take in money, spend it ALLl on themselves, and
Sun Dec 25, 2011, 04:15 PM
Dec 2011

voila! technically they have no profit because all the $$ is "gone"

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