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Originally Posted by Split98
If that money was gone, I'd agree completely. But if it's sitting in reserve I wonder if this is more terrible timing for CFF than anything else. A large event (and surprise) in 2-3 years could have been the roadmap, for example. These unplanned surprises always garner more media, thus more attention, thus more donations.
It's just one theory, as they could also be doing some shady stuff and I'll be glad whistleblowers are there to sniff that out. But this article does nothing to answer that, or even look into a 'why'. It would be like someone walking into your backyard as you're having a pool dug and immediately labeling you as the crappy neighbour with a mess of a backyard.
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This is where I’m at.
1) it’s unfortunate that the big gala and sporting charity events that raised 1.1 million cost $950k to run or whatever, but if people know the return is limited and realize they are mostly paying to rub shoulders in a fun environment, then so be it.
2) sports foundations are sort of known for the grand gesture giving as much as they are the day to day. The United way isn’t doing giant multi million dollar donations to fund hospital wings etc etc, but they keep the lights on at so many necessary small charities. The Flames Foundation does a lot of those small impact distributions, but they are also known for (and fundraise for) the grand gesture community distributions. I think anyone who donates to a sports charity should recognize it serves a different function from a United Way or a Salvation Army or whatever.
If they did the reporting on 10 year historicals, I wonder how much different it would look.