Thread: Scary
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Old 01-25-2009, 07:20 AM   #1
Joe
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Scary

Today, the U.S. boasts more than one million nonprofits, up from about 774,000 ten years ago. Their biggest donations come from corporations, foundations and the ultra-wealthy. Many have been hit hard by the deepening recession. A drop in charitable contributions could shutter as many as 100,000 nonprofits over the next year, says Paul Light, a professor at New York University's Wagner School of Public Service.

Wall Street Journal

Be careful whom you choose to donate to. Some so called breast cancer non-profits pay their CEO
$200.000-500,000 a year and are sitting on investment portfolios in excess of $5 million. Charity Navigator

Their websites look more like e-commerce sites as they seem more interested in selling merchandise.

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