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Reply #4: SA doesn't NEED her money!! [View All]

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Starlight Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-19-04 11:54 AM
Response to Reply #2
4. SA doesn't NEED her money!!
Edited on Sun Dec-19-04 11:58 AM by Starlight
No matter how much a person believes in their mission, they don't need your money! Please, give your $10 or $25 or $100 to a charity that actually NEEDS it & will use it to help the community, not play the stock market!

They just received the largest donation IN HISTORY:

http://www.cbn.com/CBNNews/CWN/012304newsbriefing.asp

It looks like the Salvation Army here in the United States may not be lining up for any federal funds anytime soon. That's because the Christian group has announced it is receiving the largest gift ever given to a charity, a donation of roughly $1.5 billion.

The gift comes from the estate of Joan B. Kroc, the deceased heiress of the McDonald's restaurant fortune.


And even BEFORE her 1.5 billion dollar gift:

http://www.nptimes.com/Nov04/sr1.html

SA experienced a significant positive swing in investment income in fiscal year 2003 from the previous year. Investment income improved to roughly $556.3 million in fiscal year 2003, from a negative $281.3 million investment income in fiscal year 2002.

SA had roughly $3.74 billion (fair market value) in investments under management as of Sept. 30, 2003. SA has five investment committees. It has four regions plus a fifth at national headquarters, which has regional representation.

And here is an old, yet timeless article on Christmas that expresses my feelings very well:

http://www.motherearthnews.com/arc/5209/

I do not give to organized charities—Salvation Army; that sort of thing. These may be honest, charitable groups as far as they go, but they do not go far enough for me. I keep thinking how many children could be fed by the money spent on uniforms and modern buildings and the director's Cadillac.

I do not give to the church. I can't help thinking of the Chicanos in the barrio, and of how out-of-place they would look in Saint Basil's, the two million dollar church the Catholics threw up on Wilshire to compete with the synagogue across the street.


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