Wednesday, July 9, 2014

Unbelievable: Only Half of Sandy Hook Donations Spent

by Gary Snyder

A year and a half after the mass shooting at Sandy Hook Elementary School in Newtown, Connecticut, nearly half of the $28 million raised in charitable donations has yet to be distributed, a report (66 pages, PDF) from the Connecticut State Attorney General's Office finds.

Based on survey responses from seventy-seven organizations — including twenty-nine that were created specifically in response to the December 2012 tragedy and thirteen based in other states — the report found that as of late 2013, funds totaling more than $15 million had been distributed.

Nearly half the groups surveyed reported having unspent funds or undisbursed in-kind donations ($12.5 million) that were being held in reserve to meet long-term community needs, including mental health and other services, memorials, scholarships, and future programming. (remind you of the American Red Cross?).

Seven organizations reported raising more than $1 million and, collectively, account for 75 percent of all funds raised. They include the United Way of Western Connecticut – Sandy Hook School Support Fund ($12.1 million). 

The report also notes that of the approximately $23 million raised by the top ten fundraising organizations, about $10 million, or 45 percent, remains unspent. (source)







Nonprofit Imperative gathers its information principally from public documents...some of which are directly quoted. Virtually all cited are in some phase of criminal proceedings; some have not been charged, however. Cites in various media: Featured in print, broadcast, and online media outlets, including: Charity Navigator, Vermont Public Radio, Miami Herald, National Public Radio (NPR), Huffington Post, The Sun News, Atlanta Journal Constitution, Wall Street Journal (Profile, News and Photos), “Betrayal”, (a movie), NBC (on Charity Fraud…TBD), FOX2, ABC Spotlight on the News, WWJ Radio, Marie Claire, Ethics World, Aspen Philanthropy Newsletter, Harvard Business Review, Current Affairs, Charity Navigator, The Chronicle of Philanthropy, St. Petersburg Times, Board Room Insider, USA Today Topics, Accountants News, Newsweek.com, Responsive Philanthropy Magazine, New York Times, Portfolio Magazine, The Virgin Islands Daily News, NANKAI (China) BUSINESS REVIEW, National Religious Broadcasters newsletter, The Charity Governance Blog, American Chronicle, Palm Beach Post, Detroit Free Press, Oakland Press, Nonprofit World, Socially Responsible Business Forum, PNNOnline, Ohio Nonprofit Resources, Nonprofit Good Practice Guide, Nonprofit Startup Guide, Nonprofit Blog, National Coalition of Homeless Newsletter, Finance and Administration Roundtable Newsletter, MichiganNonprofit.com, CORP! Magazine, Crain’s Michigan Nonprofit, ncrp.org, PhilanTopic, Nashville Free Press, Nonprofit Law Blog, Seniors World Chronicle, Carnegie Reporter, Assoc. of Certified Fraud Examiners Examiner, msnbc.com, Worchester (MA) Telegram and Gazette, Carnegie Corporation of America, EO Tax Journal, Wikipedia: Non-profit Organizations; Parent: Wise Austin, Accountants News, Veterans Today, Answers.com, Far-roundtable, #Nonprofit Report, nonprofithelpnews, nonprofit news; National Enquirer, Northwest Herald, The HelpWise Daily, The #Nonprofit Report, Wikipedia (Nonprofit Organization), Answers.com, Nonprofits: On the Brink (2006) Silence: The Impending Threat to the Charitable Sector (2011)
Post a Comment