CBS 2 Chicago WBBM-TV: Report: Farm Aid Donates Small Percentage Of Funds: "Report: Farm Aid Donates Small Percentage Of Funds
Your Donation May Not Be Going As Far As You Think
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(AP) CHICAGO The 20th anniversary concert of Farm Aid is this weekend in suburban Chicago to benefit cash-strapped farmers, but a review of Internal Revenue Service records shows the organization donates only a small percentage of its revenue, according to a published report.
Founded by musicians Willie Nelson, John Mellencamp and Neil Young, Farm Aid gave away less than 28 percent of its revenue last year, while other money went toward expenses or wasn't used, according to a Chicago Tribune analysis reported in the newspaper's Saturday editions. "
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