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Old 09-23-2010, 11:15 AM  
PornMD
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So when is a charity not a charity? Perhaps when it gives only 1.2% like Bono's ONE does?

You know when someone's an asshole and you just can't put your finger on it? (no pun intended)

Bono's ONE foundation under fire for giving little over 1% of funds to charity

Quote:
Bono's anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy.

The non-profit organisation set up by the U2 frontman received almost £9.6m in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that £5.1m went towards paying salaries.
Good grief...nothing like giving $100 to help poverty only for $1.20 to actually go to help poverty! Bill Gates, who apparently gave most of the money they've received, may not be too happy. :/
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Last edited by PornMD; 09-23-2010 at 11:17 AM..
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