Summary
When a professional fundraiser calls you to plead for money for a good cause, how much of your charitable contribution really goes to that cause? And how much stays in the pocket of the intermediary whos getting paid to beg?
A new report from the Washington Secretary of State underlines that most commercial fundraisers forward most of their revenues along to the charities theyre helping but individual donors would be well-advised to double-check exactly whos asking for those donations, and where the money goes.See the full content of this document
Extract
Secretary of State: Be Wary When Donating to Charity
Commercial fundraisers brought in a total of $773,204,935 in the last fiscal year, according to the report; of that amount, $433,824,519 went to charity. Thats 56 percent. Its a sharp drop from 77 percent, the previous years average but a little more than the historical average during the last decade.
The real percentages returned to charities by commercial fundraisers a...See the full content of this document
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