Friday, December 10, 2004

BostonHerald.com - Real Estate: Charities lose 71% of donations: Fund-raising companies get it, AG says

BostonHerald.com - Real Estate: Charities lose 71% of donations: Fund-raising companies get it, AG says: "Charities lose 71% of donations: Fund-raising companies get it, AG says
By Jay Fitzgerald
Friday, December 10, 2004
The profitable business of raising money for charities keeps getting more profitable.

Only 29 cents of every dollar raised by telemarketers during average charitable campaigns last year actually went to their intended causes, from defending human rights to helping police associations to making sure government doesn't waste money, according to a report released yesterday by Attorney General Tom Reilly. "

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