Saturday, January 16, 2010

Organization Scam?



In the wake of the Hurricane in Haiti one of the first people to step out in aid to his country was Wyclef Jean. But many people, even myself situations like this always question whether or not the aid will actually go to the people who need it most. It seems as if the better business bureau wanted to know the same thing.

Below is what the Better Business Bureau had to say about the Organization:

Even as more than $2 million poured into The Wyclef Jean Foundation Inc. via text message after just two days, experts questioned how much of the money would help those in need.

"It's questionable. There's no way to get around that," said Art Taylor, president and chief executive of the Better Business Bureau's Wise Giving Alliance, based in Arlington, Va.

Taylor reviewed Internal Revenue Service tax returns for the organization also known as Yele Haiti Foundation from 2005 through 2007. He said the first red flag of poor accounting practices was that three years of returns were filed on the same day — Aug. 10 of last year.

In 2007, the foundation's spending exceeded its revenues by $411,000. It brought in just $79,000 that year.

"Here's the bottom line: for an earthquake of catastrophic proportions, do people really believe that this organization is in a position to do anything right now?" he said.


Now for the sake of the people in Haiti I hope and pray that he will do the RIGHT thing and give all the funds to the people, his people of Haiti. BUT people please DO NOT let this be a reason to stop donating. Do let one bad egg spoil it for all. There are still a number of other ways to donate. Please see my post below on information on how to donate .







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