NBA player charities are not models of efficiency.
To draw a parallel, imagine Shaq stepping up to the charity stripe for a pair of freebies (horrible pun, I know). For every free throw that goes in the basket, another one to one-and-a-half caroms off the iron awkwardly.
To draw a parallel, imagine Shaq stepping up to the charity stripe for a pair of freebies (horrible pun, I know). For every free throw that goes in the basket, another one to one-and-a-half caroms off the iron awkwardly.
Now substitute round balls for square bills. Result? Not the best way to redistribute resources for the needy.
The thought is noble, but the results are anything but...
Take a look at this Salt Lake Tribune analysis on NBA player-run charities. Or, soak in this high level overview:
"They face a wide range of problems, from meager funding and high administrative costs to a lack of professional staffing and oversight. Tax records indicate these 89 charities together raised at least $31 million between 2005 and 2007, but only about $14 million of that actually reached the needy causes."
The thought is noble, but the results are anything but...
Take a look at this Salt Lake Tribune analysis on NBA player-run charities. Or, soak in this high level overview:
"They face a wide range of problems, from meager funding and high administrative costs to a lack of professional staffing and oversight. Tax records indicate these 89 charities together raised at least $31 million between 2005 and 2007, but only about $14 million of that actually reached the needy causes."
