Thursday, September 1, 2016

The National Vietnam Veterans Foundation Shuts Its Doors

This summer, the National Vietnam Veterans Foundation (NVVF) gained national attention for its exceptionally low program expenses. According to the charity’s most recent 990, the organization allocated just 8.3% of their expenses to its programs; on average, charities rated by Charity Navigator spend 80.3% on programs. This organization has earned 6 consecutive zero star ratings from Charity Navigator.

The NVVF is now completely shutting down operations, largely due to the pressure of CNN’s report this summer. Charity Navigator CEO, Michael Thatcher, told CNN, “If one really cared about Vietnam veterans, is this an effective way of making a difference? I don’t think so. I can’t justify it. I can’t explain it.” Tom Burch, the former Executive Director of the NVVF, has not made any statements on the matter.

If you are interested in supporting our troops, then we encourage you to consult our list of high-rated charities that provide programs and services to our Veterans and Active Duty Servicemembers.

1 comment:

Bill Holtz said...

Wouldn't it be GREAT to squeeze every graciously donation penny out of organizations like this.