CNN reports an investigation with the Tampa Bay Times and the Center for Investigative Reporting that names “America’s Worst Charities.” A yearlong investigation shows 50 nonprofits that raised in some cases tens of millions of dollars, yet gave as little as under 1% of the funds to the people they are chartered to help.
The bulk of the funds raised went to enriching the heads of the charities and to for-profit fundraising consultants.
A bit appalling wouldn’t you say and a bit of a PR problem for those charities named? What would you do if you found out the hard-earned money you were donating to a cause never made it to helping the people you thought you were helping?
What’s the lesson? Donors need to keep donating, but perhaps a bit more transparency on the part of nonprofit organizations and a bit more questioning on the part of donors is in order. Just to keep everybody honest.
You can read the story here.
http://www.cnn.com/2013/06/13/us/worst-charities/index.html?hpt=hp_t1