Tuesday, February 21, 2006

ManOnDog: Shady Mortgage Deals Aren't Enough

Apparently a shady charity is part of his portfolio, as well.

American Prospect Online - Sour Charity
"A review of federal tax returns filed by the foundation for 2001, 2002, and 2003 shows that the charity spent just 35.9 percent of the nearly $1 million raised on its charitable grants, while spending 56.5 percent on expenses like salaries, fund-raising commissions, travel, conference costs, and rent. Charity experts say that charitable groups should spend at least 75 percent of their money on program grants, and that donors should beware of organizations that spend as little as Santorum’s has."

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