Tuesday, March 27, 2012
Wine Swigging For Charity - Forbes
Wine Swigging For Charity - Forbes: he nation’s largest charity wine auction cherishes its reputation for fiscal rectitude. “Overhead is covered by ticket sales or private donations, and every nickel raised under the tent goes to the kids,” Clifford says. Early-childhood education; medical, behavioral, and oral health; and out-of-school and hunger-prevention programs are the primary grantees, and each must reapply annually. In 2012, NCEF will pass out 25 checks totaling more than $8 million—proceeds from the auction and other events. (Remaining funds go toward long-term initiatives.) The foundation estimates it has helped improve the lives of more than 150,000 children. Worth toasting, indeed.