Posted on 03/18/2010 12:54:44 PM PDT by TRY ONE
For the last several years, Sean Hannity and the Freedom Alliance charity have conducted Freedom Concerts across America. Theyve told you that they are raising money to pay for the college tuition of the children of fallen soldiers and to pay severely wounded war vets. And on Friday Night, Hannity will be honored with an award for this Outstanding Community Service by a Radio Talk Show Host at Talkers Magazines convention.
But its all a huge scam.
(Excerpt) Read more at debbieschlussel.com ...
The funds are held in a trust or escrow to be used when the time comes and the little kids grow up to go to college. Given some time I can weed through their tax return and find out what vehicle they use for this, but these numbers for 2007 that the author claimed were the only disbursements are total BS.
Maybe to your sister they do but there seems to be a lot of stuff going on in the background that your sister would not have info about.........
I like Hannity and listen every day but if Schlussel's information is true then Hannity has a lot to explain...........
Schlussel is not a leftist wacko so I can't imagine any agenda she may have........
Let the investigations begin and let the truth be known to everyone..........
Would you suggest that they give $50,000 to the 5 year old kids who dad was killed in service or would you recommend that they wait until the kid is of college age?
I think someone has already pointed out that the $19 million in securities is a trust fund to be paid out as the kids get of college age.
Regardless, it would be much smarter to find out what the actual plan is before getting critical.
$19 million invested properly will be one really nice pot for the education of the children, but adding a few million every year to it as well and it will assure those kids of the opportunity.
Lets get some facts before spouting off.
I'm looking at the program expenses related to the work they do that does not include admin expenses and it is 6,084,474 dollars for that year. This does not include investments for future payouts or anything else. It is what they spent on charitable works. Period.
I don’t think so...this is a very very good organization.
They enjoy a four out of four star rating by the Charity Navigator organization. This is an independent charity rating org. You will see that Freedom Alliance actually spends about 80% of its expenditures directly to programs...it has numerous programs by the way, not just scholarship grants. The administrative costs are about 5%
http://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=6590
You want me to break all that out for you. This is the year Schlussel got here data from!
She's pulling someones finger but it ain't mine.
Don't get me wrong, I'm on your side but this Schlussel article lists a lot of "alleged substantiated information" that I really hope is not true...........
hmmm. They spent $438 thousand administering the distribution of $802 thousnd in scholarships. That one item alone is more than your "5%".
OK...if their data show that most of the money goes to the kids, then fine. It sure didn’t look that way from the returns. When the dust settles, if they’re above-board, then I will eat the crow. AFAIC for now, the jury’s still out.
If so, she is a pinhead.
Nothing official to back that up.
Hannity assured me over and over that the money was going to aid veterans and the children of veterans continuing their education.
If that is not what is happening, then he lied to me.
He should be put on the street if so.
No seriously, I do my own taxes for a sub s corporation and I can read the crap. The Alliances efficiency as a charity is top notch. Very low overhead compared to others.
There is a lot of smoke in this article. If you do a search fo the Freedom Alliance and hannity you get a old 1997 Daily Kos hit piece that states the same identical claims that Debbie expanded on and got it all wrong as was the Kos piece.
This charity looks clean as a whistle.
Now....we have the matter of the freedom concerts which are not associated with the charity. They set them up as collaboration's and they donate a portion of the gate to Freedom Alliance.
How they tie Hannity to the Alliance is beyond me because he's a donor, not a charity and he is not on the letterhead.
Fair enough...thanks for your good information delivered in an appropriate manner. Always appreciated...
I can’t imagine what she is up to. This blog post is pure KOS kids drivel.
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