While Bono’s in the news, his charity ONE raised almost $15 million last year. $8m of that went on salaries: http://t.co/CCptmBl3Li
β Richard Chambers (@newschambers) June 18, 2013
ONE gives only a pittance in direct charitable support to its causes — something Borochoff said the average donor might not realize. The Bono nonprofit took in $14,993,873 in public donations in 2008, the latest year for which tax records are available. Of that, $184,732 was distributed to three charities, according to the IRS filing. Meanwhile, more than $8 million was spent on executive and employee salaries.
Nonprofit mails media $wag to ‘help’ hungry (Jeane MacIntosh, New York Post)
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