Comments on: Reporter wants to talk to CFC donors http://www.postalnewsblog.com/2007/04/17/reporter-wants-to-talk-to-cfc-donors/ more from postalnews.com Mon, 13 Oct 2008 13:30:10 +0000 http://wordpress.org/?v=2.6.2 By: jeremy kohler http://www.postalnewsblog.com/2007/04/17/reporter-wants-to-talk-to-cfc-donors/#comment-20108 jeremy kohler Thu, 19 Apr 2007 15:49:49 +0000 http://www.postalnewsblog.com/2007/04/17/reporter-wants-to-talk-to-cfc-donors/#comment-20108 Jerry, if you please, call me at the number above. Thanks. ~JK Jerry, if you please, call me at the number above. Thanks. ~JK

]]> By: brian http://www.postalnewsblog.com/2007/04/17/reporter-wants-to-talk-to-cfc-donors/#comment-19780 brian Wed, 18 Apr 2007 02:14:13 +0000 http://www.postalnewsblog.com/2007/04/17/reporter-wants-to-talk-to-cfc-donors/#comment-19780 You might be interested in what the "Diabetes Aid and Research Fund" did with your money. In 2004, <a href="http://www.postalnews.com/images/diabetesresearch2005.pdf" rel="nofollow">according to forms filed with the IRS</a>, they received $5.2 million in contributions. The President of the organization, Carol Zaksek, got paid $136 thousand of that. Then the group paid out $440 thousand in cash to a list of other organizations, some of which also appear on the Post-Dispatch list. ($4,500 went to "The Gerson Institute", a group that promotes quack cancer cures.) So what happened to the remaining $4.7 million? Your guess is as good as mine. The "Diabetes Aid and Research Fund" accounts for the missing money by listing "non-cash" expenses, including "Medical & Surgical Supplies, nutr.suppl." valued at $2.2 million to "Missionaries of the Poor Sisters, Naga City Phillipines". Want to bet that most of that $2.2 million was in really, really valuable "nutr. suppl."? Another million dollar's worth of "non-cash" "nutr. suppl." went to "Guatemala-Public Ministries." Another million in whatever went to the "Native American Reservation Program"- see if you can locate them anywhere. So 90% of the cash contributed was never disbursed. And even if the "nutr. suppl." were really worth the "Fair Market Value" calculated, was that really where you thought your money was going? Didn't you think it was going to, oh, say, Diabetes Research maybe? The real scandal is that OPM lets these scams continue, and even worse, allows them to use the CFC logo as if it was a seal of approval. Bottom line- forget CFC. Find a reputable charity, and set up an allotment or direct deposit from your bank account- don't help OPM promote charity scams! You might be interested in what the “Diabetes Aid and Research Fund” did with your money. In 2004, according to forms filed with the IRS, they received $5.2 million in contributions. The President of the organization, Carol Zaksek, got paid $136 thousand of that. Then the group paid out $440 thousand in cash to a list of other organizations, some of which also appear on the Post-Dispatch list. ($4,500 went to “The Gerson Institute”, a group that promotes quack cancer cures.)

So what happened to the remaining $4.7 million? Your guess is as good as mine. The “Diabetes Aid and Research Fund” accounts for the missing money by listing “non-cash” expenses, including “Medical & Surgical Supplies, nutr.suppl.” valued at $2.2 million to “Missionaries of the Poor Sisters, Naga City Phillipines”. Want to bet that most of that $2.2 million was in really, really valuable “nutr. suppl.”?

Another million dollar’s worth of “non-cash” “nutr. suppl.” went to “Guatemala-Public Ministries.”

Another million in whatever went to the “Native American Reservation Program”- see if you can locate them anywhere.

So 90% of the cash contributed was never disbursed. And even if the “nutr. suppl.” were really worth the “Fair Market Value” calculated, was that really where you thought your money was going? Didn’t you think it was going to, oh, say, Diabetes Research maybe?

The real scandal is that OPM lets these scams continue, and even worse, allows them to use the CFC logo as if it was a seal of approval.

Bottom line- forget CFC. Find a reputable charity, and set up an allotment or direct deposit from your bank account- don’t help OPM promote charity scams!

]]> By: Jerry Brooks http://www.postalnewsblog.com/2007/04/17/reporter-wants-to-talk-to-cfc-donors/#comment-19768 Jerry Brooks Wed, 18 Apr 2007 01:06:33 +0000 http://www.postalnewsblog.com/2007/04/17/reporter-wants-to-talk-to-cfc-donors/#comment-19768 Diabetes Aid and Research Fund Diabetes Aid and Research Fund

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