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Doing the math

Quite a few people in the replies to Dan Pallotta's talk have noticed that the math shown is somewhat odd from time to time.

So let's discuss this in a seperate conversation rather than in the video thread.

My personal opinion (in this post) is irrelevant, I'll take a possition myself in the debate though but want the starting post to be as neutral as possible.

Because I would like everyone to use the same numbers I've went through the vid and wrote down all numbers he uses on his slides (I made the 'topics' of the slides myself as his slides didn't have any topics):
12% poverty in the USA

Salary in profit vs non-profit organisations:
Stanford MBA (at age 38) = 400.000 $
CEO of a medical charity = 232.658 $
CEO of a hunger charity = 84.028 $

AIDS rides bicycle (over a course of 9 years):
182.000 cyclists raised 581.000.000 $

Charitable giving in USA:
2% GDP (300 billion)

organisations crossing the 50M $ annual revenue barrier since 1970:
144 non-profit
46136 profit

Launch AIDS rides:
50.000 $ (risk capital)
108.000.000 $ after 9 years (and after expenses).

Breast Cancer 3 days:
350.000 $ investment
194.000.000 $ after 5 years (and after expenses).

5% overhead for a bake sale.
40% 'overhead' (or investment in growth) in a company.
(would anyone know what a non-profit organisation spends on average on 'overhead'?)

Current charity balance (where the 2% GDP goes to):
20% of charity goes to Health and Human services. (60Billion $)
80% of charity goes to Religion/Education/Hospitals. (240Billion $)

3% GDP (450Billion or an added 150Billion ontop of the before mentioned 2%).

Topics: charity math

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  • Mar 13 2013: Must depend where you live. In my neighborhood, going door-to-door during the day would not yield much since most people are working, or sleeping because they work at night. And also there are neighborhoods that are not conducive to walking. In my in-laws neighborhood, many of the streets don't have sidewalks. And of course if you live in a rural area, the homes could be widespread. I might get a kid selling candy for school, but I have never had a registered 501(c)(3) charity knock on my door.

    Do you give to each and every charity that knocks on your door? And do you still do due diligence to see if the local arthritis chapter does indeed make good use of your collection.

    But you know somtimes local station donate local air time to charities, or give a reduced rate. One billboard company will put up a billboard for a nonprofit if it has no commercial customer for it. There are ways to be more efficient and creative, but even those that seem simple do have some kind of cost. Maybe minimal, but not free.

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