12 March 2013
Feeding the Third World Country
The American Food Aid, Feed the Children and Food for Peace are just some of the organizations the United States have that are dedicated to feeding our third world countries. The United States feeds 10,000+ family’s in Africa alone. Have you turned on the T.V. lately and seen those heart jerking commercials asking for just pennies a day to feed children in other countries? Just giving up pennies a day, $7 a month or $50 a year seems so easy to do and you wouldn’t miss that money anyway right? But should you?
Feed the children is one of the most popular charity organizations in the United States. This ...view middle of the document...
” but that claim is completely misleading” said Laurie Styron, an analyst with the American Institute of Philanthropy, which examines the finances of some 500 large national charities and sponsors a charity rating service at charitywatch.org[->1].
According to AIP's (American Institute of Philanthropy) analysis, this group spends less than 25 cents of every donated dollar feeding children. Roughly 65 cents of every dollar is spent raising money, largely by running heart-rending radio and television advertisements and sending out direct-mail appeals.
How could their numbers be so off? The charity vastly overvalues its so-called “kind" gifts. That makes it appear that the charity is receiving more in donations--and giving out more in "kind" relief. Why inflate the value of non-cash contributions? Donors get big tax deductions for providing the goods and services that likely cost them a fraction as much. And the charity benefits because by inflating the value of these "donations," the millions that the organization spends on advertising and salaries appears to be a tiny portion of the overall budget.
According to the Charity Navigator, Feed the Children spends $20.7 million on administrative expenses, including six-figure salaries for Larry Jones ($234,937); Frances Sue Jones ($187,052) and Larri Sue Jones ($166,320), but, with reported contributions exceeding $1 billion, these expenses account for less than 2% of Feed the Children's budget. 2% doesn’t seem like much right? American Institute of Philanthropy, which calls Feed the Children "the most outrageous charity in America," says that 88% of the Feed The Children's private support comes from "in-kind" donations that AIP believes are...