The NY Post goes after Sting’s charity

nypmasthead2.jpgSting holds an annual concert in NYC to raise money for his Rainforest Foundation. The Post story, an oddly industrious outing for the tab, says that a too-small percentage of the donations it raises goes to rainforest programs.

The 2006 concert—which drew Lenny Kravitz, Sheryl Crow and Will Ferrell to the landmark stage—raised $2,156,989, according to the latest available IRS tax filing.

Yet only $887,374 of the money raised, 41 percent, was divided among the charity’s eight programs that support native-land claims and forest preservation in Latin America and Africa—a paltry percentage, according to agencies that monitor nonprofits.

A well-run charity, they said, typically spends 75 percent of revenues on programs.

“This one would fall to the bottom of the bucket,” said Sandra Miniutti, a spokeswoman for Charity Navigator.

 

The paper couldn’t get Sting or anyone at his charity to respond. It’s kind of nasty:

Sting and [wife Trudy] Styler could not be reached for comment, and representatives for their two charities did not return repeated phone calls and e-mails.

 

When a Post reporter visited the downtown office last week, a receptionist said the entire staff was out attending a film festival.

This part is interesting as well:

There is also a potential problem with the foundation’s reporting of the value of its concert tickets. The charity sold the tickets for between $100 and $600 but estimated the fair market value at a mere $45 per ticket. This allowed buyers to write off most of the ticket price as a donation.

Such a show at Carnegie Hall would typically sell for a lot more; $100 might actually be lower than the ticket’s fair market value.


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