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Showing posts with label Charity. Show all posts
Showing posts with label Charity. Show all posts

9/21/17

USA: Donald Trump Took $107 Million Promised to Charities... And Kept It - by Mark Sumner

Occupying the White House has proven lucrative for Donald Trump. He’s been able to charge the Secret Service hundreds of thousands for rental space and golf carts. He’s been able to turn his Washington Hotel into a place where the emoluments clause is put to constant test. But the AP reports that no other cash-in matches the one Trump took on day one.
President Donald Trump’s inaugural committee raised an unprecedented $107 million for a ceremony that officials promised would be “workmanlike,” and the committee pledged to give leftover funds to charity.
The $107 million is a massive amount for even the most lavish inauguration. It’s almost twice what Barack Obama took in for a celebration that was much more widely attended and which included many more events. Trump even cut back on the number of inaugural balls to only two, compared to the ten balls that the Obamas attended in 2009. With twice the money and one fourth the events, all but a handful of the $107 million gifted to Trump for the inauguration should be available for charitable giving.

It’s been eight months. How much has been given out? None. None at all.
Nothing has yet gone to charity.
What is left from the massive fundraising is a mystery, clouded by messy and, at times, budget-busting management of a private fund that requires little public disclosure. 
Donald Trump wants attention for giving $1 million to those affected by recent hurricanes—donations that so far haven’t actually happened. But he’s still sitting on a massive heap of cash from January which, despite promises, hasn’t gone to help anyone but Trump.

Read more: Donald Trump Took $107 Million Promised to Charities... And Kept It | Alternet

10/28/13

Non Profits: Why I Think Nonprofits Should Act More Like Businesses - by Dan Pallotta

How would you react if you knew someone was getting wealthy in charity? How would you feel if you saw your favorite charity run a $3 million ad on the Superbowl using charitable donations to fund it? What would you think if a charity lost a million dollars on a brand new fundraising idea that flopped? Lastly, what if you learned that a charity had just paid an investor a 100 percent return on a loan?

These are the kinds of scenarios that make our blood boil with rage and the kinds of practices that give charities a bad name, right?

But what if we're wrong about all of it? What if the things that send us into a rage are actually the things it would take to end humanity's most vexing and extreme forms of suffering? And what if you are only being given half of the story?

These are the issues that have consumed me for the last 15 years and that were the subject of my closing talk at the 2013 TED conference.

Ask yourself how you would feel if you were given the whole story.

Suppose that the person getting wealthy in charity was worth it. Imagine, for example, that the Boys & Girls Clubs hires a leader that triples revenues in 8 years from half a billion annually to $1.5 billion annually. This allows the clubs to double the number of kids served. She gets a total compensation package of about $1 million annually. This is not a fairy tale. It really happened. And the Boys & Girls Clubs were criticized for it.

Is $1 million not a cheap price to pay for $1 billion in new revenues and double the kids served? Would we rather they hire a leader for a more modest $150,000 who is incapable of increasing revenues and serving more kids? Save $850,000 in salary expense and lose a billion dollars a year in revenue?

Read more: WATCH: Why I Think Nonprofits Should Act More Like Businesses | Dan Pallotta

5/1/13

Italian Caffè Sospeso: EU Embraces 'Suspended Coffee': Pay It Forward With A Cup Of Joe - by Sylvia Poggioli

Tough economic times and growing poverty in much of Europe are reviving a humble tradition that began some one-hundred years ago in the Italian city of Naples. It's called caffè sospeso — "suspended coffee": A customer pays in advance for a person who cannot afford a cup of coffee.

The Neapolitan writer Luciano de Crescenzo used the tradition as the title of one of his books, : Saggezza quotidiana in piccoli sorsi ("Suspended coffee: Daily wisdom in small sips"). "It was a beautiful custom," he recalls. "When a person who had a break of good luck entered a cafe and ordered a cup of coffee, he didn't pay just for one, but for two cups, allowing someone less fortunate who entered later to have a cup of coffee for free."

The barista would keep a log, and when someone popped his head in the doorway of the cafe and asked, "Is there anything suspended?" the barista would nod and serve him a cup of coffee ... for free.

It's an elegant way to show generosity: an act of charity in which donors and recipients never meet each other, the donor doesn't show off and the recipient doesn't have to show gratitude.

Read more: EU Embraces 'Suspended Coffee': Pay It Forward With A Cup Of Joe : The Salt : NPR