Tuesday, December 07, 2004

Charity Criticized For Its High Costs Of Raising Money | theledger.com

Charity Criticized For Its High Costs Of Raising Money | theledger.com: "Charity Criticized For Its High Costs Of Raising Money

By CATHERINE E. SHOICHET
St. Petersburg Times

OLDSMAR -- In 12 months, the Kids Wish Network raised $7.2 million in cash from donors nationwide to help the charity grant wishes for seriously ill children.

But only $813,934 of that money went to children with lifethreatening illnesses and their families, according to the charity's IRS filing for fiscal year 2002-03. Most of the money, $6.27 million, went to professional fund-raisers."

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