Monday, April 27, 2009
Millions Not Going to the Dogs
Despite hotel operator Leona Helmsley's wishes that the $136 million left in the Leona M. and Harry B. Helmsley Charitable Trust be distributed to charities that care for dogs after her death, much of those funds will go to non-dog-related charities. The trustees of Helmsley's estate were granted the authority to disburse the funds at their own discretion by a judge last February. They have decided to allocate just $1 million to charities with dog-related causes. This $1 million is being divided among various animal-rights organizations including the ASPCA.
Many animal-rights groups are disappointed that Helmsley's wishes as set forth in her will are being largely ignored. In addition, the amount that has been set aside for Helmsley's intended cause could do more good if concentrated on a few outstanding charities than it could being scattered among organizations with the same cause. For more tips on intelligent giving, visit our FAQ for Donors.