Tuesday, December 22, 2009

Robin Hood Foundation Gives ALL of Donations to Needy in NYC

From Denny: There is nothing better than a charity that uses ALL of its funds to achieve its goal. In recent years, Americans quit giving to national charities because of scandal and excessive use of funds for "administration costs" to the tune of 97% of it.

This is a New York City charity geared toward helping the 2 million who live in poverty in their city. It's pretty cool how the board members, instead of taking the usual salaries, actually pay all the administration costs of the charity! They free up all the donation money to go to those in need. Take a look:

Visit msnbc.com for breaking news, world news, and news about the economy

*** THANKS for visiting!
Related Posts with Thumbnails

Ratings and Recommendations by outbrain

Favorite Cartoon of the Week

Robert Ariail