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Richard Krooman

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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):
Poverty:
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).

Overhead:
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 $)

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

Topics: charity math
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    • Mar 18 2013: They are not my slides I reference but Dan Pallotta's?

      I don't say the USA has any problem.... I am sceptical of Dan Pallotta's talk though.

      Actually the more I think about it the less I'm convinced that he is justified in his beliefs.
      I do however think that he has his heart on the right place... but, to me, his economical views on charities don't make any sense.
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        Mar 18 2013: This was a reply to Random Chance sorry
        • Mar 18 2013: Ah ok no problem,
          I was confused by it though haha :D

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