1. Kids Wish Network
Every year, Kids Wish Network raises millions of dollars in donations in the name of dying children and their families. Every year, it squanders almost every penny.
The money gets diverted to enrich the charity’s operators and the for-profit companies Kids Wish hires to drum up donations. Sick children wind up with less than 3 cents of every dollar raised.
In the past decade alone, Kids Wish has channeled nearly $110 million donated for sick children to its corporate fundraisers. That makes it the worst charity in the nation, according to a Times/CIR review of charities that have steered the most money to professional solicitation companies over time.
In addition to the money paid to for-profit fundraisers, Kids Wish has paid its founder and his own companies at least $4.8 million in salary and fees over the years. While founder Mark Breiner was still president of Kids Wish, earning $130,000 a year, he joined a former employee as a partner in a fundraising company called Dream Giveaway. In 2008 and 2009, Kids Wish paid Dream Giveaway nearly $1.7 million in consulting fees to run automobile give-aways that raised money for the charity.
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