Thursday, December 14, 2017

(4) Common Sense Soapbox #6: The Wonderful Life of Private Charity - YouTube

(4) Common Sense Soapbox #6: The Wonderful Life of Private Charity - YouTube



Did you know that public charity spends 70% of its budget on bureaucracy  and 30% to the needy? The private charity giving numbers are in reverse  (30% admin, 70% to the needy)  Hmmmm.



Does this mean that to duplicate Knights volunteerism or charity would cost the public 3 times as much ?



 eg  KOC                           1000 $ of charity time = 700$ direct community benefits delivered

       Gov charity                1000$ of charity time  = 300$ direct end user benefits delivered



     KOC volunteer delivery end benefit    a.  700/300 = 2.33 times   b. 1000/300=  3.33 times ( no admin)



To deliver the same $1000 direct end user benefits  Government Charity groups would spend a. 2330 $ or b. 3330$



Good job KOC brothers  and Merry Christmas from all in our community!

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