December 05, 2006

Expensive

Talk me through this one:

The unregistered charity Tourism Helps Everyone (or is it Tourism Helps Ewart) Foundation secures $400,000 in funding in a questionable manner, but only $110,000 clears expenses?

I have a very good friend who is a fundraiser, and I was talking to him recently about a charitable idea I had and asked what type of expenses were reasonable. His response? A good rule of thumb is that no more than 30% should be spent in overhead.

With the T.H.E. Foundation you've got the reverse, with expenses around 72%.

And you wonder why people are asking questions?

Posted by Christian S. Dunleavy