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View Full Version : Bono's ONE foundation under fire for giving little over 1% of funds to charity



bijou
09-24-2010, 12:36 PM
Bono's anti-poverty foundation ONE is under pressure to explain its finances after it was revealed that only a small percentage of money it raises reaches the needy.

The non-profit organisation set up by the U2 frontman received almost 9.6million in donations in 2008 but handed out only 118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that 5.1million went towards paying salaries. ...


Read more: http://www.dailymail.co.uk/news/article-1314543/Bonos-ONE-foundation-giving-tiny-percentage-funds-charity.html#ixzz10SvrOIFF

FlaGator
09-24-2010, 12:43 PM
Read more: http://www.dailymail.co.uk/news/article-1314543/Bonos-ONE-foundation-giving-tiny-percentage-funds-charity.html#ixzz10SvrOIFF

You think those elaborate world tours cover their own expenses?