Friday, September 24, 2010

Bono or Bozo?

Doesn't seem like this, eh?

...the New York Post has uncovered some figures that will embarrass supporters of the self-righteous Irish crooner who calls himself “Bono”. His US-based anti-poverty ONE foundation received almost £9.6 million in donations from philanthropists in 2008, but gave only 1.2 per cent of this to good causes. It’s an “advocacy organisation”, it explains, so apparently we shouldn’t expect it to hand over cash to charities. Still, it does a remarkable job of fighting poverty within the ranks of its employees: £5.1 million went towards salaries.

Direct charity is 100% efficient, of course.

HT: HolySmoke

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