Bono’s ONE foundation is in some serious hot water. They just uncovered that out of the $15 million that got donated in 2008, only $184,732 went to legit causes, and $8 million went towards paying the workers’ salaries. This is NOT positive! I understand that only a percentage of donations from a charity are REQUIRED by law to be allocated, but if I were Bono, I’d make sure an a$$load of the donations were being put to good use. I wouldn’t be handing out leather notebooks, and bags of coffee to reporters.
I understand that raising awareness is a big part of charity work, but if that’s where all of your money is going–then I wouldn’t call something a charity. I certainly don’t want to be funding Bono’s tax write-off. How the hell is Bono going to save face on this one? He’s the all-loving, the Mother Teresa of music.
But don’t forget Gasmii, for just one dollar, you can still buy a wristband to fund the receptionist’s salary.
Here’s a screen grab from the ONE store:
I love that they have a “SALE” section! Does that mean that even less goes to the charity? Or do they donate the same amount? I’m going to start a NADS foundation. I won’t lie about it, 100% of the proceeds goes to me. No fine print, no B.S. I’ll take straight up hard cash…or you can Paypal me.