Adventures in Charity: Bono Edition
I dare say it makes one a bad person to be amused by this: ONE gives only a pittance in direct charitable support to its causes — something Borochoff said the average donor might not realize. The Bono nonprofit took in $14,993,873 in public donations in 2008, the latest year for which tax records are available. Of that, $184,732 was distributed to three charities, according to the IRS filing. Meanwhile, more than $8 million was spent on executive and employee salaries. Like many others then, I guess that makes me a bad person. A spokeswoman for Bono’s “charity” ONE Campaign explained all: ONE “does advocacy work, not charity work.” True