View Single Post
Old 08-10-2016, 05:24 PM   #219
Locke
Franchise Player
 
Locke's Avatar
 
Join Date: Mar 2007
Location: Income Tax Central
Exp:
Default

Quote:
Originally Posted by GGG View Post
Is that for a pure fund raising body or a charity that actually does stuff? There is a difference between the United way who fund raises and inn from the cold who offers a service.

Is 50% considered good, bad, the maximum allowed by law???
I'm not aware that there is a maximum allowed 'by law.' There probably is but charities arent my expertise.

As for the breakdown, my understanding is that 51% towards research/benefit vs. overhead is the minimum desired, but its not like if you dont meet this metric you have your charitable status revoked or anything. In fact, I dont think most charities get anywhere close to that split, its probably closer to 25% at best.

For instance, at one point the Canadian Cancer Soceity was running at something like 9 cents on the dollar towards actual research the rest to overhead. Dont quote that number because it was a while ago, but the point is that the CCS basically said that they were raising more money through the campaign than they had been previously through sheer volume and maybe thats true, but a metric like that is going to sour certain donors.

Quote:
Originally Posted by GGG View Post
https://charityintelligence.ca/chari...cer-foundation

Alberta Cancer Foundation runs the ride to conquer cancer in alberta

Compared to a fundraising organization like the United way at 11% or the Canadian average at 26%

Though it's better then the home lotteries which are like 80% overhead/prizes
Charitable Lotteries are a whole other ball game.
__________________
The Beatings Shall Continue Until Morale Improves!

This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness.

The World Ends when you're dead. Until then, you've got more punishment in store. - Flames Fans

If you thought this season would have a happy ending, you haven't been paying attention.
Locke is online now   Reply With Quote
The Following User Says Thank You to Locke For This Useful Post:
GGG