Whenever there is a tragedy, the American Red Cross revs up its fundraising machines.
The public is inundated with slick television commercials and the money pours in.
So much money that very often the American Red Cross receives 70% of ALL the donations made by the public to help the victims in any given high profile event.
Where does all that money go?
Be prepared to be shocked.
Here’s how bad it is:
“Just how badly does the American Red Cross want to keep secret how it raised and spent over $300 million after Hurricane Sandy?
The charity has hired a fancy law firm to fight a public request we filed with New York state, arguing that information about its Sandy activities is a “trade secret.”
The Red Cross’ “trade secret” argument has persuaded the state to redact some material, though it’s not clear yet how much since the documents haven’t yet been released.”
Red Cross: “We’re not answering any questions about anything”