Quote:
Originally Posted by Fan in Exile
We're working from a summary of a summary report by a charities watchdog. We don't actually have the numbers to crunch. There is a trend of lack of accountability by professional sports teams with charitable foundations. The Flames Foundation, to their credit, at least provided some financial information unlike most other Canadian sports team foundations. But the summary of the efficiency of funds collected is dire. You would have to go beyond the summary report to try to find the hard numbers to assess whether the watchdog is just making things up or the information they collected supports with what they present in their summary.
I suppose there's room for scepticism about Charity Intelligence Canada but I think it's the Flames that owe the greater explanation. I find the response of a lot of posters to be defensive rather than analytical.
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I think there are a lot of good points in the five pages.
Matt did a lot of number crunching at the expense side which alleviated my initial fears that the foundation has gotten bloated
Seems to point to unallocated funds.
If that's the case and it goes to the charity delayed that's not terrible
If that's the case and it never goes anywhere that's bad
Either way they need to be more clear on where dollars go and they need to have an answer to these questions.
The CBC could have closed the loop and talked to the teams to form a more complete news piece