Lulz their staff travel everywhwre business class on your donasi

Songlap... Dont donate

ini.

they all have to be paid, that is normal. Red Cross CEO is making as much as other CEOs in the forbes 500. If you dont pay them well, you will not be able to hire competent people

Donators are like customers. The profit margin = money that goes to the needy is probably 5-10%. Rest goes to rental, salary etc etc.

This post has been edited by arize: Jul 3 2018, 07:01 PM

Then, they should not be called charity organisation, but for profit organisation. Charity is based on sympathy of public and transparency of the funds raising, not competency of the management.

To my bank account. Minimum wage earner here.

This is where you are mistaken. Non-profit doesn't mean they dont make revenue nor capture sales. Its just that they have no shareholders to distribute the profit to. All proceeds go towards expanding the organization (hiring more people, buying more operational assets etc.) or directly for the cause (to be redistributed to the cancer patients, research labs)

You are trying to argue the relevance of non-profit but you didn't even get the terms right.

Can try shelter home, been sponsoring since a year ago.. all local children. Located at PJ

You tell this to all donors.....hey! your donation, only 10% or 5% goes to charity, the rest goes to my salary and operating cost....overnight I guarantee you donation drop!

For profit organisation, buyer or consumer buy the products for the benefits or how it solve their problems. Donation, they do not expect anything in return, maybe just some feel good moment.

You don't try hide behind donation use to pay high salary for CEO......back to basic, what is the purpose of people donating? What are the donors intention? To pay the salary of CEO who is competent? If the CEO so competent, why don't he or she go to for profit organisation and work and earn for shareholders who are more than willing to pay him or her top dollar for their skills, because any reasonable shareholders will understand the competent CEO can earn back for them many fold?

Since you want to talk accounting, let me talk accounting with you. Revenue and sales both exist in charity and for profit organisation. That's the only similarity. Next, for profit organisation, revenue is generated via transaction between willing buyer and willing seller, where the buyer expect something in return, in exchange in buyer cash. Charity, yes, revenue still captured, but, there is no exchange of goods and services, the donors, just give money away he or she believe on the cause.

And, since the donors does not expect anything in return, don't you think it is morally right that the charity organisation be transparent on how they utilised the money?

Or. do you mean you would also agree with the previous BN Langkawi MP statement, you tax paid is already paid to the government, therefore, it is up to the government how they want to spend it?

I suggest you read through the charter of any charity organisation, what is the purpose they setup their charity organisation, and determine if their action of paying majority of their source of funds into operation cost, instead of meeting the goal of their charter.

Registered charity organizations have account books that you can request and look into. these financial documents are audited no different to a public company. You can look all these information on your own, don't let your inability to look for information or your reliance on spoon-feeding stop you from learning. My point stands, they still have their operating costs that they need to pay for, including hiring competent people to run the show. I am not defending their high CEO salaries, but I am defending against ignorance.

There are also plenty of platforms of charity organizations that you can read on to gauge how transparent, accountable, and fiscally responsible the different charities are. Since you seem to rely on others to help you with information gathering, here is one platform that you can look at: https://www.charitynavigator.org/

I stopped it after knowing how much their staffs are earning, especially those holding high post. Oh, and also seeing their name on Barcelona’s jersey. 😅

1. as a world-wide organization, they need to retain professional staff
2. Unicef did not sponsor FCB, in-fact, FCB paid Unicef to have its logo printed on FCB's shirt

Knowing this, I doubt you would return to donating to them. No surprises there.

I don't know why you need to deny easily verifiable information like this - do you even know how to google or are you just going to run your mouth to the ground? People working for these international charities are professionals and experienced managers, they are hired from other firms, many of the top execs hail from Forbes 500 companies. Their experience and connections make the organization viable, if they allow normal people like you running the show they may start to songlap the charity monies. I am not surprised that you are against this, your idea of running a charity organization may not be any different than running a kedai runcit. The CEO of the American Red Cross came from AT&T as well as Fidelity Investments, has been running the show for 10 years now for US$500k a year, a paltry sum for a CEO there; and although they are not without any scandals, the organization remains viable.

Without paying them remuneration at market rate, these charities will not be able to attract talent. Disagree all you want, but this is how they are run. Even foundations like Bill & Melinda Gates as well as Chan Zuckerberg Initiative have professional, career managers running them. Keep that kampung-management out of you head, they don't apply to these international charities.

I am not saying, I am right as usual, as I make mistakes all the time; but why do you feel the need to deny easily-googleable things like this? Too bored with life, got to spread false rumors and all?

http://www.dailymail.co.uk/sport/football/...o-Busquets.html



This post has been edited by wild_card_my: Jul 4 2018, 01:43 AM

You are just contracting yourself, and seems to put words in other people mouth....since when I rely on you or any other person to help my information gathering? And, since when I claim ignorance?

I highlighted your own statement which you had contradict yourself above. You claim these charity organisation need so called highly competent person to run the show, at same time, not defending their high CEO salary? Do you mean that these highly competent CEO need to run the show for free? And, what do you define by highly competent CEO????

You completely missed my point, my point is, I do not mind highly competent CEO being paid high salaries. I am against that charity organisation paid high salaries to CEO, being I do not see any so called their high skills set they can bring into charity organisation?

Just like some insurance agent trying to close case, they talk as if like insurance as if like God, someone who will help you overcome all your difficulties when in needs. Common lah, if you read the fine prints carefully, there is many terms and conditions, and they just rely on these fine T&C not to pay compensation. And, you expect everybody, read for all these small small print? Well, then, might as well go direct to insurance company, bypassing agent, since agent is pretty useless anyway, since they only decide to tell half the story to their advantage, but conveniently forgetting to inform the rest?

Second, i dare to to any charity (those at shopping mall or outside bank, desperately asking people to sign or donate by auto-deduction), declare to the potential donors, how many % of the donation will actually goes to charity, while the rest goes to your so-call "operation cost"? You see how many people will donate? And, this is not new anymore, that's way now, these so called charity runners, hardly they get any donation.

Now i feel like to stop also.

wtf really??? I just subscribe my card to them

Yes.. better check for the direct donation instead of paying thru cc.

just like neymar, many are making meals out of the it.

fml where can I stop my payment? I can't find the link to stop payment