(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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