Tis the season for giving. I’m a fan of charities, and regularly set aside 10% of my income for charitable giving. But how do you check to see if that guy standing on the street corner is a *real* charity; or if that charity actually will get the money to those in need? After Bono’s ONE charity scandal this year, we are learning how to be more careful with our giving:
According to New York Post investigation of tax records – of the just under $15 million that U2 singer Bono’s ONE charity collected in 2008 – only $184,732 was distributed to actual aid organizations. $8 million went to executive pay and most of the rest went to ad agencies for promotions.
Turns out that the Oregon Department of Justice allows you to look up the records of your favorite charity to see if they actually *are* a charity, and also to see exactly how much of that money they’re gathering is actually going to the cause; and how much of it’s going into their own pockets. To be considered a charity, a charity cannot have over 35% of their money going to ‘administration’. While 35% is still a huge amount of potential abuse IMHO, it’s the law at the moment and I can understand it for some particular causes. My own take is that the charities I give to are in the 10% or less in overhead category (90%+ going to actual programs).
While not an exhaustive list of dubious charities, the official Top 20 worst charities in Oregon for 2010 are mind-numbingly bad with about half of them under 20% going to actual programs/aid.
Here’s the list with the percentages of how much goes to their actual activities. In order for them to be considered in accord with a non-profit, these numbers need to be 65% or HIGHER. I encourage you to check out your charity, and give to those that will do the most good with the money you give.
Shiloh International Ministries 3.63%
Purpose: To provide medical necessities and moral support to needy children and to
provide assistance to the homeless
Law Enforcement Education Program 6.26%
Purpose: To educate teenagers on the effects of alcohol
Korean War Veterans National Museum and Library 7.03%
Purpose: To preserve a record of participation in the Korean War, educate the public, and to promote friendship among vets
Foundation for American Veterans, Inc. 10.22%
Purpose: Promoting social and recreational welfare for current and past U.S. Armed Forces members, dependents, widows, widowers and others
Dogs Against Drugs/Dogs Against Crime 10.30%
Purpose: Drug Education and Crime Prevention
National Vietnam Veterans Foundation 10.92%
Purpose: Support of Veterans Organizations
Firefighters Charitable Foundation 11.09%
Purpose: To provide financial assistance to individuals affected by a fire or disaster
Committee for Missing Children 11.51%
Purpose: Distribution of photos of missing children, education and case management, and the development of an international database
The Wishing Well Foundation 11.57%
Purpose: Fulfilling the fondest wish of any terminally ill child not expected to reach 18 years of age
Law Enforcement Legal Defense Fund 13.16%
Purpose: To provide legal assistance to law enforcement officers
Disabled Police Officers of America 14.24%
Purpose: Educational Programs for Police Officers
Disabled Police Officers Counseling Center, Inc. 14.84%
Purpose: Assist disabled police officers
Foundation for Children with Cancer (formerly Reach Our Children) 15.23%
Purpose: To provide financial assistance to families with children with pediatric cancer
American Medical Research Organization 16.19%
Purpose: To support medical research in the cause, cure, and treatment of macular degeneration
National Veterans Service Fund, Inc. 20.44%
Purpose: Inform and educate in conjunction with service-related illnesses and work to raise public awareness of the contributions veterans make to our society
Children’s Leukemia Research Association, Inc. 20.49%
Purpose: To support research efforts into the causes and cure of leukemia and to provide assistance with expenses incurred in leukemia treatment
Dakota Indian Foundation 21.55%
Purpose: Assist in education of Indian people and preservation of Native American culture
Cancer Support Services 22.27%
Purpose: To support the charitable mission of Cancer Fund of America and to provide financial support to indigent cancer patients
Project Cure, Inc. 24.28%
Purpose: Increasing public and professional awareness about the prevention, detection, and treatment of various chronic diseases
Operation Lookout National Center for Missing Youth 24.53%
Purpose: To provide free services 24 hours a day 7 days a week regarding missing youth