The American Institute of Philanthropy has studied the federal tax filings on 29 of the leading veteran’s charities.
The institutes's report suggests that 2/3 of the 29 military charities studied were, at the very least, managing their resources poorly. The American Institute of Philanthropy any charity which gives less that than 33% of the raised funds to the injured troops is rated as unsatisfactory.
Most of the organizations earning an unsatisfactory rating are guilty of mismanagement or the use of poor and expensive fund raising techniques, a couple of the organizations appear to be frauds. One donated only 1% of all funds raised to the intended beneficiaries.
List of all 29 Veteran’s Charities
Satisfactory
A+ Rating
Air Force Aid Society
Army Emergency Relief
Fisher House Foundation
Intrepid Fallen Heroes Fund
Navy-Marine Corps Relief Society
A Rating
National Military Family Association
A- Rating
Armed Services YMCA of the USA
C+ Rating
USO (United Service Organization)
C- Rating
Veterans of Foreign Wars and foundation
Unsatisfactory
D Rating
Blinded Veterans Association
Disabled American Veterans
National Vietnam Veterans Committee
Soldiers' Angels
United Spinal Association's Wounded Warrior Project
Veterans of the Vietnam War & the Veterans Coalition
Vietnam Veterans Memorial Fund
World War II Veterans Committee
F Rating
American Ex-Prisoners of War Service Foundation
American Veterans Coalition
American Veterans Relief Foundation
AMVETS National Service Foundation
Disabled Veterans Association
Freedom Alliance
Help Hospitalized Veterans/Coalition to Salute America's Heroes
Military Order of the Purple Heart Service Foundation
National Veterans Services Fund
NCOA National Defense Foundation
Paralyzed Veterans of America
VietNow National Headquarters
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6 comments:
I am shocked at some of those names.
Good to know!
Thanks!
There are some others that I wonder about!
This is a bullsh98t rating system. You guys have no clue!
veterans need more support. they should be honored.
veterans need more support. they should be honored. win a harley davidson
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