Thursday, November 11, 2004

KTOK-AM Oklahoma City's News, Weather, and Traffic Station!

KTOK-AM Oklahoma City's News, Weather, and Traffic Station!: "Charity Founder Denies Claims of Watchdog Group
Wednesday, November 10, 2004 at 6:51pm

Feed the Children founder Larry Jones angrily denies the basis for an 'F' grade given his agency by the American Institute of Philanthropy which claims the charity spends a small amount on its programs.

By Jerry Bohnen



Feed the Children founder Larry Jones in Oklahoma City is quick to defend his organization's fundraising efforts and how it spends money helping the poor around the U-S and some parts of the world after a charity watchdog group gave it an 'F' rating.
The watchdog is the American Institute of Philanthropy and it claimed Feed the Children spent only 19 percent on its programs. It also claimed it spent 65 cents to raise a dollar for its charity programs.
Jones denies it and accuses A-I-P founder Daniel Borochoff of ignoring the in-kind contributions on which Feed the Children relies.
'We have received gifts in kind, raised money to move it but he will not acknowledge our gifts in kind. that is why the report is erroneous,' Jones told KTOK. He says AIP acknowledges in-kind contributions made to other charities but not his."

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