The Red Cross CEO Has Been Serially Misleading About Where Donors’ Dollars Are Going - Dec 4, 2014 - bit.ly/1ylmRZW extract:In recent years, the Red Cross fundraising expenses alone have been as high as 26 cents of every donated dollar, nearly three times the nine cents in overhead claimed by McGovern. In the past five years, fundraising expenses have averaged 17 cents per donated dollar...... Just how high is impossible to know because the Red Cross doesnt break down its spending on overhead and declined ProPublica and NPRs request to do so. The difference between the real number and the one the Red Cross has been repeating would be very stark, says Daniel Borochoff of the watchdog group CharityWatch. They dont want to be embarrassed. youtu.be/tsgnBU9KeVg ----- January 16, 2015 - CEPR bit.ly/1CilLME It’s Been Five Years, and All the Money Raised is Gone: What did the Red Cross Accomplish in Haiti? (Now updated with RC response blurb)
Posted on: Wed, 21 Jan 2015 02:44:12 +0000
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