Red Cross Borrowing Funds for Storm Aid

From a story in The Washington Post on the need for the Red Cross to borrow money to cover its Katrina/Rita expenses:

The Red Cross holds near-mythic status as the premier U.S. disaster relief agency, a role reinforced by the federal government, which has incorporated the organization as a key part of its disaster response.

But the $3 billion charity spends two-thirds of its resources on blood collection, not disaster relief. And 90 percent of its disasters are small fires and local mishaps. During larger events — such as violent storms, wildfires and the Sept. 11, 2001, terrorist attacks — the Red Cross has stumbled repeatedly, misleading donors on how contributions are used and underserving victims, particularly in rural minority communities, according to other relief groups and experts on nonprofit agencies.

One thought on “Red Cross Borrowing Funds for Storm Aid”

  1. I do believe the core of the Red Cross is based on goodness, but it is being used as a Republican political operative parking spot. The big wheels are there, making HUGE salaries, and on call every 2 or 4 years. Think Liddy Dole. Hey! Think Liddy Dole ; stashed quietly, making big bucks and contacts, doing favors and setting up Republican background everywhere. And everyone makes big bucks while scheming.
    We had disasters in San Diego, with money drives that weren’t going where the donors meant while the local COUNTY RC officer was making soething like $300K/yr!
    Does anyone measure their efficiency? Or who really sucks up the management money?

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