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Tuesday, March 24, 2009

How Much Donor Money is Wasted in Your State?

Many charities use professional fundraisers to solicit donations with only a small portion of the amount raised actually going to the charity. Many State Attorney Generals are now keeping track of this data and we have reviewed most of what is available. You will be surprised to see that sometimes the fundraisers keep anywhere from 20 to 90 cents of each dollar donated. Of the states we reviewed, Connecticut was at the bottom of the spectrum as that states professional fundraisers only gave 32% of what they collected to the charity. The highest percentage we found was in North Carolina where fundraisers in that state handed over 59% of what they collected. For data in more states please view our video on the topic:

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