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CALIFORNIA NEWS
Report: Half of charity donations lost to overhead
Posted: Nov 29, 2012 5:32 PM by Associated Press
SACRAMENTO, Calif. (AP) - A new report reminds people to pay attention to their charitable giving this holiday season.
The report released Thursday by the state attorney general's office (http://bit.ly/QtHaPf ) says commercial fundraisers in California raised more than $338 million last year, but only about half that actually went to the charities.
About $173 million, or 51 percent, raised using commercial fundraisers went to charities such as Amnesty International, Habitat for Humanity and the Humane Society of the United States.
The rest was retained by the commercial fundraisers as payments for fees and expenses.
Attorney General Kamala Harris says it's important for donors "to know how much of their money will be used to support the charity's programs, and how much will go to overhead."
Most registered charities do not use commercial fundraisers.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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