Hurricane Katrina

[Chris Fultz]

I'd hate to see our donations go to pay high six figure salaries for the EOs of the Red Cross,

Does anyone know the relative administrative costs of participating charities? Really, does anybody know?

Yes, and it is easy to find out. From the Red Cross 2004 AUDITED financial statement, their general and administrative expenses were 5% of their total expenses. Fundraising was an additional 3%. That means that about 92 cents of each dollar donated is going to go to aid. That is a good rate.

The best way to help right now is still a cash donation - then whatever charity you donate to can purchase the materials and supplies that are critically needed and get them to the people that need them.