At their link (Freedom Alliance) they explain the low scholarships out. Most of those killed had young children. They are investing the money and it is being run as a trust fund for when the younger children are college age.
Yes, good eye. Watching all these posters make fools of themselves is quite entertaining though.....
OK, I went to Freedom Alliance 2007 Form 990. Their balance sheet shows investments of $10,898,500 at the beginning of the year and $13,673,700 at end of year, an increase of about $2.8 million for the year in invested assets.
They made actual program payments of $895,300.
So, they either paid out or invested about $3.7 million
Their total income was $10,770,000.
So, if the money invested is a fund for future scholarships, the payout in 2007 was $3.7/$10.8 x 100 = 34%
That means that 66% of their income went somewhere else.
For comparison, my non profit put 86% of our income into the target in 2009; 14% of our income went somewhere else.