Stupid Little Ricky, R-Corrupt, has more trouble. Will Bunch is doing some great reporting here. Why can't the MSM follow suit? I suppose it would jeopardize their million dollar beach homes where they sit on over-priced furniture snickering about the working class.
"A review of federal tax returns filed by the foundation for 2001, 2002, and 2003 shows that the charity spent just 35.9 percent of the nearly $1 million raised on its charitable grants, while spending 56.5 percent on expenses like salaries, fund-raising commissions, travel, conference costs, and rent. Charity experts say that charitable groups should spend at least 75 percent of their money on program grants, and that donors should beware of organizations that spend as little as Santorum's has.
'The majority of organizations are able to meet that 75 percent figure,' says Saundra Miniutti of Charity Navigator, a watchdog group. Without addressing Santorum's charity specifically, she noted that nonprofits spending in the range of just one-third on programs are Âextremely inefficient.'"
No comments:
Post a Comment