[Mojave]

Veterans Charities Ratings

The American Institute of Philanthropy recently released a report rating various veterans charities on how well they support the causes they were created to support.

We were surprised at some of the ratings in this report; not at others. Before you donate your hard-earned dollars to any charitable organization, check it out to see how much of its revenues actually go to support its charitable purpose, and how much goes to administrative expenses, salaries, and fundraising. You may be surprised!

Air Force Aid Society (A+)

Armed Services YMCA of the USA (A-)

Army Emergency Relief (A+)

Freedom Alliance (F)

http://www.military-money-matters.com/charities-ratings.html

[machogirl]

The chairman of the Foundation, a group which the American Institute of Philanthropy is linked to, led the Ford Foundation’s (ann dunham link?) “Peace and Social Justice” program. That says something to me.

[onyx]

Perhaps you're unaware of the criteria that goes into AIP ratings.

Veterans Charities Ratings Explained

~snip~

Navy-Marine Corps Relief Society (NCRS) has fund balances of $158 million as of 2005. Its years of available assets is lower at 4.8 years, barely low enough to keep them from earning an automatic F grade for charities having over 5 years worth of available reserves.

[So, when AIP's "automatic F" is applied for charities with more than 5 years' cash reserves, Air Force Aid Society's rating drops to "F" as does Army Emergency Relief's. Navy-Marine Corps Relief drops to a "C" under that system.

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Assets held for later years "deem" the charities an "F" grade.