Army Emergency Relief, recently subject of an AP investigative report, pays a bank over a million dollars a year to churn investment funds, while army officers continue to shake down the troops for more donations.
An investigative report suggests that the high-profile charity event, a favorite of its golf-addicted CEO Thomas Ryan, provides a way for suppliers to skirt ethics rules against expensive
favors to company employees. Meanwhile, the charity itself spends most
of its income putting on the event rather than giving.
Report from a conference held last fall lays out a strategy for turning around the decline in private giving, but it could be that the arts and culture have become less dependent upon philanthropy. And the first communication effort coming out of the conference may have backfired, if press reports are any indication.
Playing by the rules of the federal workplace giving program (similar to the United Way campaign), charity coalitions managed by Maguire/Maguire capture $60 million of the nearly $270 million given by federal workers.
