Wounded Warrior Project Leadership Ousted

2,261 Views | 14 Replies | Last: 10 yr ago by Trinity Ag
Ryan the Temp
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AG
CEO and COO both fired today for fraud, waste, and abuse of donated funds.

http://www.cbsnews.com/news/wounded-warrior-project-ceo-and-coo-fired/
quote:
Americans donate hundreds of millions of dollars each year to the charity, expecting their money will help some of the 52,000 wounded in Iraq and Afghanistan.

But CBS News found Wounded Warrior Project spends 40 to 50 percent on overhead, including extravagant parties. Other veterans charities have overhead costs of 10 to 15 percent.

Wounded Warrior Project's Chief Executive Officer, Steven Nardizzi, and Chief Operating Officer, Al Giordano, were fired after a meeting Thursday afternoon in New York.
It's about time. What they were doing was just shameful.
Dirk Diggler
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sharpdressedman
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I read multiple stories from respectable sources, and it appears very clear that the dismissals were completely justifiable and, perhaps, late in coming. I am happy to continue supporting this important cause.
AEK
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AG
Needed to happen years ago.
NormanAg
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AG
I would guess that recent publicity about the 60% and the parties,etc had a really negative effect on their contributions. IMO, they do great work, but apparently not as much as the COULD do. Hope they get their donors back, but once burned, twice shy.
CanyonAg77
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Swing Your Saber
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Old Jock 1997
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AG
I'm amazed it took this long. This narrative was being told a couple of years ago.
Joe Schillaci 48
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74OA
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AG
The board needs to go, too. Oversight is their responsibility and they should have objected to 50% being spent on overhead long before the media pointed it out......
NormanAg
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AG
Saw one of their biggest donors and supporters (along with his wife) interviewed on CBS News tonight. They have organized and funded most of the WW fund raising golf tournaments all over the country.

They basically said the same thing you just posted and finished the interview saying (paraphrasing) "it's a step in the right direction, there are still a lot of changes that need to be made, and we are not convinced yet that the organization will get where it needs to be".
rwtxag83
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AG
I can tell you first hand that if you are trying to get something done for somebody who needs it, WWP would do ZERO if it doesn't benefit them personally.

My company (a homebuilder) has given away multiple homes through a charitable foundation here in TX to combat veterans (usually multiple amputees from IEDs), and I've seen what good organizations do, how they work, and the 180 degree contrast of WWP. Not a good model to follow.
Trinity Ag
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S
The dark underbelly of most "charitable" organizations is that the larger they grow, the more they become self-licking ice-cream cones -- existing to raise money, sustain their own bureaucracy, and pay senior executives.

They become giant lobbying organizations -- not doers of good works.

It isn't just WWP. But they are a case in point.
Aggie@state.gov
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AG
The Red Cross and the United Way are 2 shining examples of this.....

You would be stunned (or not stunned) to find out what the money making industry of the nation-wide blood donation/distribution network is to the Red Cross's bottom line.

Some would also argue the same can be said for the USO, although they have appeared to clean up their act from a few years ago. The CEO of the USO is very well compensated.
NormanAg
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AG
The United Way became a joke many years ago. They have allowed WAY too many "non - charities" to join the party. Many of the "charities" listed under United Way now are lib advocacy groups, not charities at all. And don't be fooled by the ruse that you can "designate" who your contribution is going to. I used to believe that, but it is not really true. Any money you designate is just taken out of whatever money they would have normally received.

Yeah, the United Way and CFC do some good. - but just like WWP and the Red Cross, not NEAR as much good as they should be doing.
Trinity Ag
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S
quote:
The United Way became a joke many years ago. They have allowed WAY too many "non - charities" to join the party. Many of the "charities" listed under United Way now are lib advocacy groups, not charities at all. And don't be fooled by the ruse that you can "designate" who your contribution is going to. I used to believe that, but it is not really true. Any money you designate is just taken out of whatever money they would have normally received.

Yeah, the United Way and CFC do some good. - but just like WWP and the Red Cross, not NEAR as much good as they should be doing.
When I was in grad school, I recall a prof using the March of Dimes as an example of the immortality of bureaucracy once created.

Roosevelt started "March of Dimes" as a fundraising organization for Polio research. After Salk developed the vaccine in 58, and polio became less and less relevant, the March of Dimes rebranded itself as a charity support infant health overall -- not just infantile paralysis (polio).

Some charities are better than others -- and spent 90% of their revenue on works. Others -- like WWP are less efficient, spending under 60%.

Not trying to dog charitable organizations. Frankly, they often do better than the government -- at least they are subject to public scrutiny and auditing.

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