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More Bono bashing (never enough IMO)
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anthonyqkiernan
anthonyqkiernan
7092 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
toasted-whippet
toasted-whippet
86 posts

Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 14:17
that is terrible.

wish it was more widely known.
The Sea Cat
The Sea Cat
3608 posts

Edited Sep 22, 2010, 14:29
Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 14:28
Not content with a huge carbon footprint and massive tax avoidance on an unbelievable scale both within the struggling Irish economy ( domestic charitable organisations etc could benefit from some U2 dosh, but they threatened to leave Eire if they were forced to cough up, oh, and the global ones as well, which receive nothing via their brimming safe haven coffers ), his wife's 'ethical' clothing line is moving production to China.

Charming.
Merrick
Merrick
2148 posts

Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 14:33
Yeah, but at least his cosying up to Bush, Medvedev, Blair and Brown (he called the latter two 'the Lennon and McCartney of world development') really made them into men of peace, rather than just giving them a modicum of credibility and affability that war criminals don't deserve.
dodge one
dodge one
1242 posts

Edited Sep 22, 2010, 16:04
Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 15:48
Sir,
Your post has a link that references another link as the source reference.
That reference is the N.Y. POST.
That newspaper is perhaps some of the lowest caliber journalism in the UNITED STATES.
It is the 'Source' of reference for the feeble minded Republican types here abouts. That paper HATES 'ALL' and any LIBERAL Hollywood 'Types'....and the irony is that usally the first 10 to 15 pages of the daily issue is dedicated to the latest outrage perpetrated by Paris Hilton, Lindsey Lohan, or Donald Trump....
It is a libelous scandal rag that panders to the lowest common denominators. I'm a N.Y.'er....i know about the POST.
This is not to say that BONO is not a bit of a weasel....but...i would like a more credible reference of his financials than what is posted in that excrable ragsheet. I just can't believe that such a low percentage of those donations went to the actual intendees. Call me naive and scepticle.
D1
P/S: Please read the critism's section of this WIKI link regarding the POST.
RUPERT MURDOCH lies.
http://en.wikipedia.org/wiki/New_York_Post
pooley
pooley
501 posts

Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 16:11
If this is true, what a bastard
dodge one
dodge one
1242 posts

Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 17:20
One's{the organization in question here} retort to NY POST story.


Here's ONE's statement on the recent allegations against them:

Contrary to the suggestion in the New York Post yesterday, ONE does not fundraise from the general public and we are not a grant-making organization. We are funded almost entirely by a handful of philanthropists on our board of directors to raise awareness and pressure political leaders to fight extreme poverty through smart and effective policies and programs, like the Global Fund to Fight AIDS, TB and Malaria, which is saving 4,000 lives a day.

ONE has nearly 120 staff in the US, UK, Germany, Brussels, France, Nigeria and South Africa whose job it is to fight for funding for effective programs like the Fund and the US global AIDS program PEPFAR. As a result of those programs, today more than 4 million Africans have access to life-saving AIDS medication, up from only 50,000 people in 2002. Malaria deaths have been cut in half in countries across Africa in less than 2 years.

As other examples of our work, ONE helped successfully press for debt relief for Haiti after the devastating earthquake there and we recently played an important role in the passage of a law in the US requiring oil companies to report any payments to government officials – an effort to end backhanded deals between energy companies and corrupt politicians that hurt people in poor countries.

ONE has been a relentless advocate for these programs and policies and we have used the media spotlight to ensure world leaders keep their commitments. The media kits that were mentioned in the New York Post article, which were produced for far less than was cited and delivered by staff and volunteers, not a messenger service, were an effort to focus reporters on the Millennium Development Goals, a set of promises world leaders made to cut poverty, hunger and disease by 2015.

In hindsight, the kits were not the best way to gain attention for the issues and we regret that sending them distracted from the work we are trying to do and the issues we care about.
helvellyn
helvellyn
39 posts

Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 17:22
The Moonie guy owns it doesn't he?

I like Mark Steel's take on Bono.

http://www.youtube.com/watch?v=f-TmxuhZCn8
Lawrence
9491 posts

Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 18:20
helvellyn wrote:
The Moonie guy owns it doesn't he?



Yr probably talking the Washington Times. Sung Young Moon especially disgusts me as he's a loony totalitarian cultist that now loony contard columnists and commentators write for.
zphage
zphage
3377 posts

Edited Sep 22, 2010, 18:25
Re: More Bono bashing (never enough IMO)
Sep 22, 2010, 18:23
This isn't neccessarily a boots on the ground charity/NGO [501c (3)organization], but more of a political lobby/think tank with nonprofit status [501c (4)organization] meant to influence policy.

In general, 501(c) (4) organizations are allowed to spend a substantial portion of their revenue on lobbying our government and not every donation to them is tax-deductible.
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