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Default It's good news week!


"Martin Baxter" wrote in message
...
Maxprop wrote:


It's practically the rule rather than the exception. The United Way has
such a deplorable pass-through rate (that amount that makes it to the
targeted end-users) as to be a joke. At times it's been less than 10%.


Perhaps this just a US problem,
http://www1.unitedway.ca/sites/Porta...orm.aspx?ID=20 ,

Or did you you just make up that 10% figure?


First: The Canadian rule that 80% must be spent on the target charities
does not take into account the amount of money those individual charities
extract before funding the endpoint users.

Second: This is the USA, not Canada, and we have no such law that I'm aware
of. Rather we have, at times, had Congressional oversight on charitable
giving and expenses. This sometimes results in improvements in the
pass-through rate, but when Congress' back is turned the old ways likely
resume. Last figures I saw on the United Way is that about 70% of their
monies are passed through to individual charities, but only about 70% of
those monies are passed through to the endpoints. That makes the United Way
ultimately about 50% efficient. I suspect your United Way is somewhat more
efficient in the ultimate pass-through rate.

Third: The 10% figure was accurate for the mid to late Seventies. Thanks
to a Congressional investigation in the early 80s, the situation has
improved.

Fourth: Why would I make something like that up?

Max


 
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