OK, so not really, but I read THIS shocking piece of blogerature (that’s blog + literature) and just had to share. For anyone without a few minutes available to click the link, here are the cliff notes:
- The LA Times reported this July that only 35.1% of the money donated to the American Diabetes Association (ADA) in California actually went to the ADA. The rest went to the for-profit fundraisers it hired.
- The ADA gets $213 million dollars a year of which $7,678,945 is spent on “administrative expenses.” That translated into English means “Salaries for top ADA executives.”.
- The Charity Navigator site calculates the “fundraising efficiency” of an organization which is how much money it spends to raise a dollar. They report that the ADA spends $.26 to raise a buck. In contrast JDRF spends $.09.
So basically, the next time you want to make a charitable donation, go for the guys who actually use the money to fund useful research rather than outsourced staff-meetings. Besides, if Nick Jonas supports, them, what could be cooler? Right Mom? (Wait, did I just morph into my 8-year old?)
