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Townhall
Finance
The
50 Rip-Off Charities: Give at Your Own Risk
By Morgan Brittany
Jun 17, 2013
The
specific kinds of charities that pay
for-profit corporations to raise the majority of their donations
regularly give
their solicitors over two-thirds of the take.
Good charities should spend no more than
35 cents to raise a dollar.
So
the reality is that the “50 worst charities
raised more than $1.3 billion over the past decade and paid nearly $1
billion
of that to the companies that raise their donations”. Out of $1.3
billion
dollars the charities received less than 4%.
Had that money gone to the charities in
the correct way it would have
been able to build 20,000 Habitat For Humanity Homes, 7 million
wheelchairs or
provide nearly 10 million uninsured women, mammograms.
There
are hundreds if not thousands of these
“bad” charities that are taking money from sincere donors who
faithfully
believe that their hard earned money is going to the people it was
intended
for. Particularly disheartening are the Veterans organizations that
“pretend”
to send aid to disabled vets. The
sad
part is that many Veterans organizations ARE legitimate and they have
to defend
themselves because some other dishonest charity has poisoned the well.
In
the wake of the IRS scandals, one would
think that the “red flags” would have been raised on these
organizations when
their papers were filed every year.
That
however was not the case. The
IRS was
too busy targeting “Tea Party” and conservative groups to check on the
American
people being ripped off by the hundreds of millions of dollars.
The
bottom line is we live in a world where
fraud and deceit are running rampant.
These “rip-off” charities have no qualms
about taking our money and
keeping it for themselves. Before
donating, do your due diligence and check out the list of the 50 worst
charities. Our
money should go where we
intend it to and if the government won’t help monitor this situation
then like
everything else, we have to do it ourselves.
For
the rest of this article and more, click
here
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