Believe your contribution is going to a deserving cause? Reconsider that thought.
Watchdog organizations state no more than 35% of contributions should be spent on fundraising expenses-- i.e. excellent charities ought to not invest more than 35 cents to raise a dollar. However, because there is no standard for just how much must be invested in direct cash aid, America's worst charities invest more than 80 cents of every dollar raised on fundraising.
A yearlong investigation by The Tampa Bay Times and The Center for Investigative Reporting has actually exposed that the 50 worst charities in the United States raised more than $1.3 billion over the past 10 years, but less than 4% of that contribution went straight to terminally ill children, burn victims, cancer patients, diabetes research study, criminal activity victims, veterans, cops or firefighters.
Collectively, the 50 worst charities in the United States paid their lawyers nearly $1 billion of that $1.3 billion. According to CNN, if that cash had actually gone to charity, it would have been enough to build 20,000 Habitat for Humanity homes, purchase 7 million wheelchairs or pay for mammograms for nearly 10 million uninsured women.
Here are America's worst charities:
1. Kids Wish Network
Kids Wish Network is a 501 non-profit organization that grants wishes to children with life threatening medical conditions. Nonetheless, in 2008, Charity Navigator offered “the creator of happy memories” 0 out of 4 stars in its "effectiveness rating," based upon how much cash is invested in fundraising in comparison to charitable activities. In addition, the American Institute of Philanthropy provided it a failing "F" grade. In 2013, the TBT/CIR examination called Children Wish Network "the worst charity in the country," based upon cash paid to lawyers in the last years.
Every year, Children Wish Network raises countless dollars in contributions in the name of dying children and their households. Every year, it squanders practically every cent.
According to the TBT/CIR investigation, Children Wish Network invested less than 3 cents out of every dollar raised on wish-granting. The charity not just funnelled almost $110 million contributed for ill children to its corporate fundraising events, it paid its founder Mark Breiner and his own business a minimum of $4.8 million in salary and fees for many years.
Ex-employees were not surprised by the ranking. Rhonda Erlo, who worked as a wish organizer for about a year, stated:
" I understood this was more of a cash, cash, cash company than a children's organization. There are much better companies individuals can provide their cash to."
2. Cancer Fund of America
Cancer Fund of America (CFA) set up to provide direct financial assistance and other support and services to economically indigent cancer patients, but rather, invested the majority of donations on its operators, families and friends, and fundraising events.
According to a problem submitted by the Federal Trade Commission, attorney generals of the United States and secretaries of state of all 50 states, the family behind CFA constructed a network of "sham charities" that bilked more than $187 million from donors. The grievance also declared that donations planned for the ill spent for "extravagant insider benefits", consisting of automobiles, high-end cruises, college tuition, gym subscriptions, jet ski getaways, sporting occasion, show tickets, dating website subscriptions, and journeys to Las Vegas and other tourist destinations.
In March 2016, CFA and its affiliated charities were dissolved, and their presidents were banned from making money from any charity fundraising in the future.
3. Children’s Wish Foundation International
Children’s Wish Foundation International declares they "enhance the lives of seriously ill children through wishes, instructional and home entertainment programs." However, the charity, which imitates the objective and charity name of the reputable Arizona-based Make-A-Wish Foundation to trick donors, invested almost $6 million for services from "professional charity events" in 2010, but only about $3.6 million giving wishes and donating presents to terminally ill kids in the exact same year.
4. American Breast Cancer Foundation
Phyllis Wolf started the American Breast Cancer Foundation in 1997 to raise funds for the research study of breast cancer and supply free mammograms for women who are unable to afford them. In its preliminary years, more than a half dozen professional fundraising events were paid nearly 75 cents of every dollar raised. When her child Joseph Wolf formed a telemarketing company, the American Breast Cancer Foundation paid nearly $18 million in between 2003 and 2010 to the boy to raise contributions for his mother's charity. In June 2010, Phyllis Wolf was compelled to resign and the charity terminated the contract with her son. In January 2011, American Breast Cancer Foundation ended all telemarketing contracts.
5. Firefighters Charitable Foundation
The Firefighters Charitable Foundation was produced to economically help fire and catastrophe victims. But today, the charity pays its for-profit professional lawyers nearly 90 cents of every dollar raised.
6. Breast Cancer Relief Foundation
The Breast Cancer Relief Foundation claims to "serve the unmet requirements of individuals with breast cancer and other major illness through education, detection, avoidance medical relief and research support". But according to the IRS records, the Foundation is one of the nation's most wasteful charities. 70% of the almost $64 million raised in the previous 10 years was paid to expert fundraising events. Just over 2% of donations raised were given straight to hospitals or to ladies in need of breast cancer screenings.
7. International Union of Police Associations, AFL-CIO
The International Union of Police Associations was formed to supply financial assistance to the households of fallen policeman. But the TBT/CIR examination found that of the $57 million in contributions offered by the public over the past years, more than 72 cents of every dollar was invested paying expert fundraisers. Less than half of 1%-- about $28,000 a year-- was invested on survivor benefits.
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