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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