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[quote=Anonymous][quote=Anonymous]CBS reports only 60% of donations are going to vets.  Apparently part of the other 40% is going to lavish parties.  I would think a lot goes to all their commercials and possibly paying celebs.

http://www.cbsnews.com/news/cbs-news-investigates-wounded-warrior-project-spending

Lot of high profile folks from entertainment, media, and politics are associated with Wounded Warrior Project.

Are there any laws governing what percent of donations must go to benefit disabled veterans?  If not, why not?[/quote]

This is kind of old news, and it's not any sort of "official" investigation -- it's CBS News, playing catch-up to the New York Times, which played catch-up to The Tampa Bay Times, which first reported this more than 2 years ago: http://www.tampabay.com/news/business/wounded-warrior-project-spends-58-of-donations-on-veterans-programs/2132493

To answer your question, the tax laws governing Tax Exempt organizations due regulate the proportion of funds must benefit charitable causes. However, the nonprofit sector is rife with abuse in this area -- there's nothing particularly special or unusual about this example, other than the fact that the cause is shrouded in extra virtue because valor. Otherwise, this is basically the same issue that sank the Komen foundation a couple of years ago.

Bottom line is the charitable sector is a $3 trillion economy, much of which doesn't really deserve tax exemption. If politicians really wanted to find revenue raisers, they could find a huge amount of revenue raisers there. Some of the shit nonprofits get away with dwarf perceived problems with corporate tax avoidance. It's just that people here "nonprofit" and automatically think "benevolence." That's not the case.[/quote]

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