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More Bono bashing (never enough IMO)
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anthonyqkiernan
anthonyqkiernan
7091 posts

Edited Sep 22, 2010, 14:01
More Bono bashing (never enough IMO)
Sep 22, 2010, 14:01
The Bono nonprofit (One) took in $14,993,873 in public donations in 2008, the latest year for which tax records are available.

Fourteen million dollars. Blimey, that's a lot of cash. That'll help with the whole eradicating poverty and fighting Aids battle, right?

Of that, $184,732 was distributed to three charities, according to the IRS filing.

Hang on a moment... what? That's about one per cent of the total. Really?

Meanwhile, more than $8 million was spent on executive and employee salaries.

The rest seems to have been pissed away on press packs and marketing
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