Fundacion Teleton USA is primarily known as Teleton – a Texas-based 501 (c) (3) whose stated mission is to “raise critical funds and awareness to inspire a more inclusive, accepting world for children with disabilities and their families.” Specifically, Teleton raises funds “to build and support the Children’s Rehabilitation Institute of Teleton USA (CRIT), which assists children with neurological and musculoskeletel disorders, such as cerebral palsy, muscular dystrophy, spinal cord injuries, genetic disorders, and amputations.” In other words, Teleton raises funds to help kids but exactly how much goes to the kids? About 25 cents of every dollar, according to the most recent financial information (2014 IRS Form 990).
If you contributed $1 to Teleton in 2014, this is how the dollar was spent: Read more
‘Tis the season for non-profits to raise some serious funds and with a bull stock market, low unemployment, and a stronger economy, charitable organizations should raise large amounts of cash this year. We all want our charitable dollars to help those in need so before you make a donation, it’s important to know where your money is being spent. How much will be used to pay salaries, marketing firms, office space, mailings, traveling, and most importantly, how much is actually going to the recipients of the charity? Read more