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Topic	Do any of you ever give money to charities?
Dynalo 06/19/20 1:49:10 AM #16:	ryanell666 posted... Generally no... The reality of charities is that most of the money is eaten up by administration costs. So if a charity earns (ie) one million dollars for the starving kids in Africa. 90% of that money will go to the person organizing the event, while the 10% actually goes to the cause. In all honesty, it doesn't take a lot of money to feed someone, so whatever that 10% is will be enough until the next fundraising event, while the organization itself can boast ONE MILLION DOLLARS for believing they are so successful. Most reputable organizations post those figures clear as day for people to see. For example, World Vision Canada posted that for 2019 they used 8% of donations for fundraising, 5% for administration, and the rest go towards the programs in some way. It's not necessarily making it to the local community in its entirety, but it is being used for programs that support people. They have documents published that go in depth on their spending, but this quick infographic gives a very high level understanding of it. https://s3.us-east-2.amazonaws.com/wvusstatic.com/2020/landing-pages/financial-accountability/pdfs/CSP14717-financial-highlights-latest.jpg If you find an organization that's spending 90% on administration, you should probably look to donate to another organization. --- Assassins do it from behind. <cite>Dynalo posted [p:940900318] in Do any of ... [t:78782898]...</cite> <quote>ryanell666 posted... </cite> <quote>Generally no... The reality of charities is that most of the money is eaten up by administration costs. So if a charity earns (ie) one million dollars for the starving kids in Africa. 90% of that money will go to the person organizing the event, while the 10% actually goes to the cause. In all honesty, it doesn't take a lot of money to feed someone, so whatever that 10% is will be enough until the next fundraising event, while the organization itself can boast ONE MILLION DOLLARS for believing they are so successful.</quote> Most reputable organizations post those figures clear as day for people to see. For example, World Vision Canada posted that for 2019 they used 8% of donations for fundraising, 5% for administration, and the rest go towards the programs in some way. It's not necessarily making it to the local community in its entirety, but it is being used for programs that support people. They have documents published that go in depth on their spending, but this quick infographic gives a very high level understanding of it. https://s3.us-east-2.amazonaws.com/wvusstatic.com/2020/landing-pages/financial-accountability/pdfs/CSP14717-financial-highlights-latest.jpg If you find an organization that's spending 90% on administration, you should probably look to donate to another organization. --- Assassins do it from behind.</quote> ... Copied to Clipboard!
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