Monday, March 26, 2012

Iowa charaties getting short changes; Nonprofits with large salaries

Telemarketers for Iowa Charities Keep Most of the Money They Raise


This is the link to an article I remember seeing nearly a year ago - "Iowa charities that use outside telemarketers received an average of just 22 cents of each $1 raised, a Gazette investigation found."


When I read this I found it appalling. So apparently it's not just KONEY people who are attempting to gain benefit from an atrocity. "When DialAmerica called on behalf of Special Olympics Iowa for 24 months, ending in October, the non-profit received $142,100 of the $982,766 generated. That’s 14.5 cents for each $1, or 85.5 percent to DialAmerica, because some donors chose to give to the non-profit without purchasing a magazine."


How can this be? What can we do about it? Can we do anything about it? How can DialAmerica claim to be a socially responsible organization "helping" these nonprofits?


But it's obviously not just organizations in Iowa though. ChildFund International’s CEO makes double the salary of the average nonprofit CEO. The President made a salary of nearly $318,000 in 2010.


How can we say that this is okay? Are our nonprofits really doing good if their fundraisers benefit a for-profit company? And should nonprofit President's earn the top 5% of salary earners?

1 comment:

  1. It is appalling. And frankly, should not be allowed, especially the CEOs making as much money as they do. It really is sad that even non-profit organizations that are trying to help others have been corrupted by the dollar signs.

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