Who are they? Who is accountable? Who is taking action? (part1)
Many nonprofits raised hundreds of thousands of dollars in support of the victims of the September 11th terrorist attacks. In recent news; nonprofits were audited to see how and where the charitable donations were applied. The result? Hundreds of thousands nonprofit organizations were not able to provide documentation providing details of how and where the money was spent. For example, one organization siphoned the nonprofit transactions into their for-profit corporation. (Source: MSNBC Where’d the money go? Shady dealings, unaccountability rife among 9/11 charities – Read More). In response to these predatory actions, the U.S. Government removed 501(c)3 status of over 275,000 organizations June 8, 2011. (Source: IRS Website – Read More) For example,
Year after year individuals in the U.S. donate hundreds of billions of dollars (2010: $225 Billion) to charitable causes. Online charitable contributions have been suppressed to a mere 8% due to the saddening and disappointing stories about people that are trying to profit from misfortune and take advantage of humanity by creating scams, frauds, and creating nonprofits that are inefficient and ineffective.
Without a trustworthy and secure way to give online, we are forced to use traditional fundraising methods to donate through direct mail marketing and telemarketing to make a difference and give back. Luckily the US Postal office provides discounts to nonprofits today… however, the USPS has seen a significant decrease in revenue and is now considering eliminating nonprofit discounts. (Source: FoxNews Groups: Measure to Eliminate Nonprofit Mail Discounts Could Cripple Fundraising Read More – Groups: Measure to Eliminate Nonprofit Mail Discounts Could Cripple Fundraising Read More).
Nonprofits are measured by Cost-Per-Dollar-Raised (CPDR), in layman’s terms… how much of your dollar goes to the cause. The removal of these critical discounts for nonprofit presents a potentially devastating blow to their ability to raise funds. Unemployment rates are on the rise, donations are on the decline and nonprofit are being forced to spend more money to provide aid for the poor, the needy and the sick.
Wow… how is that for a grim start for a blog?!?! Stick with me, I promise to deliver a cheerful conclusion. Stay tuned for part 2.