Fundraisers Make Millions on Safety and Children’s Charities
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An investigation in yesterday's Los Angeles Times revealed that for-profit firms raising money for nonprofits regularly keep large portions of the earnings. Of the 5,800 fundraising campaigns examined, profit-making fundraisers kept nearly $1.4 billion of the $2.6 billion raised -- meaning just 46 cents of every dollar went to the charity itself. As the Times notes, … more…
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