
Originally Posted by
FundSurfer
This is a good point that I'd never considered before. What are the administrative cost deducted from donations going to charities? Anybody? I've always assumed it was low if not government subsidized. It is a convienient method of giving.
From our local CFC website:
What are the costs of the campaign?
Historically, campaign costs nationwide have averaged 10 percent. These funds were spent on printing materials, training volunteers, auditing contributions and other administrative expenses. All local campaign costs are reviewed and approved by the LFCC governing the local campaign. On average, this cost is low compared with other fundraising campaigns; therefore, every dollar you pledge goes a very long way toward helping others.
In 2006, our CFC adminstrative expenses amounted to 8.67% of funds collected.
Bookmarks