"There is never a better time of year to post this story as charities are out everywhere trying to take your money. Nothing is more disgusting than a charity that misuses or redirects monies collected to anything but helping the folks that it is supposed to help. Such a charity is the American Cancer Society. This charity is nothing but one big rip-off. Why? Because of the details below:"
Susan G. Komen Foundation’s CEO Nancy Brinker - salary $684,000
Cancer charities are frequently cited as paying exorbitant CEO salaries. For example, the recently released tax records of the Susan G. Komen Foundation’s CEO revealed her yearly salary to be $684,000. Records also revealed that the Komen Foundation spent a mere 15 percent of the funds it received on breast cancer research in 2011.
In 2009, the American Cancer Society (ACS) spent $149 million on cancer research after raising over $455 million in Relay for Life events. They spent over $499 million on salary, employee benefits, payroll taxes and another $152 million on supplies, telephone bills, postage, shipping, meetings and travel expenses.
Even more distressing, ACS reportedly has close financial ties to the makers of mammography equipment and cancer drugs. They also receive financial support from the pesticide, petrochemical, biotech, cosmetics, and junk food industries – products which are primary contributors to cancer.
ACS’s board of trustees has even included an executive from the American Cyanamid Company, which made chemical fertilizers and heribicides before producing anti-cancer drugs. On the receiving end of cancer research money, researchers have been frequently caught fabricating positive findings with the end goal of producing more drugs. This link " frequently caught fabricating positive findings " has the story on this issue.
Several other popular charities have reported CEO salaries ranging from $600,000 to $1.2 million
including the March of Dimes, United Way, and Unicef. These "non profit organization's are a disgrace, and will not get another dime from me." MC
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