BlogSpot: Donors Wonder Where Their Money Goes
Many of them don't know, and frankly, they suspect the worst.
There's more bad news. "Public confidence in charitable organisations … continues to stagnate and shows no signs of recovering [from a 2001 decline], according to … the Brookings Institution," The Chronicle of Philanthropy reported in September 2004.
Only 11 percent of Americans thought charities did a "very good" job of spending money, said Brookings. The other 89 percent had their doubts. In fact, more than one-quarter of Americans in 2004 believed charities were inept at managing money, according to the report.
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