Via a reader tip comes this unsurprising CBS News report on wasteful spending from the Wounded Warrior Project. This is why I have always advocated that people would be better off donating money to the Fisher House Foundation where far more money goes to their programs. Plus you can visit your local military base and see where your money is going to unlike the Wounded Warrior Project:
Wounded Warrior Project CEO Steven Nardizzi
A CBS News investigation into a charity for wounded veterans, the Wounded Warrior Project, looks into how the charity spends its donation money.
What caught our attention is how the Wounded Warrior Project spends donations compared to other long-respected charities.
For example, Disabled American Veterans Charitable Service Trust spends 96 percent of its budget on vets. Fisher House devotes 91 percent. But according to public records reported by “Charity Navigator,” the Wounded Warrior Project spends 60 percent on vets.
Where is the money is going? (………)
According to the charity’s tax forms, spending on conferences and meetings went from $1.7 million in 2010, to $26 million in 2014. That’s about the same amount the group spends on combat stress recovery — its top program. ]
Former employees say spending has skyrocketed since Steven Nardizzi took over as CEO in 2009. Many point to the 2014 annual meeting at a luxury resort in Colorado Springs as typical of his style.
“He rappelled down the side of a building at one of the all hands events. He’s come in on a Segway, he’s come in on a horse.”
About 500 staff members attended the four-day conference in Colorado. The price tag? About $3 million.
“Donors don’t want you to have a $2,500 bar tab. Donors don’t want you to fly every staff member once a year to some five-star resort and whoop it up and call it team building,” said Millette. [CBS News]
