Bono's ONE foundation under fire for giving little over 1% of funds to charity

MailOnline ^ | Last updated at 2:01 PM on 23rd September 2010 | By Mail Foreign Service

[Marty62]

Bono's anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy. The non-profit organisation set up by the U2 frontman received almost £9.6m in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that £5.1m went towards paying salaries.

Read more: http://www.dailymail.co.uk/news/article-1314543/Bonos-ONE-foundation-giving-tiny-percentage-funds-charity.html#ixzz10N2I90T2

[Marty62]

"ONE said it took no money from the public and that most of its funding came from the Bill & Melinda Gates Foundation"

Interesting Who is running the B& M Foundation?

[kittymyrib]

With a record like that, Bono has the potential of being the Czar of Charitable Giving in BO’s coven.

[Flag_This]

No wonder he was trying to convince Bush to give more money to Africa - Bono’s money was already committed elsewhere.

[Frantzie]

Bono and the rest of U2 are the wealthiest people in Ireland yet they pay almost nothing in taxes due to offshore shell companies in tax havens.

Ireland is broke and Bono wants taxpayers in western countries to shovel more “aid” money to Africa. Europe and the USA have given trillions to Africa since after WW2 and nothing has changed.

[LadyBuck]

How much did they spend on platform shoes for The Ego?

[r9etb]

Well, it is an anti-poverty foundation; and given that 74% of the donations are going to salaries, I'd say the foundation is doing a good job of fighting poverty among its employees.

[Marty62]

makes one go HUMMMMMMMMMMMMMMMMMM.

Fraud:
1.A deception deliberately practiced in order to secure unfair or unlawful gain.
2.A piece of trickery; a trick.
3.
a.One that defrauds; a cheat.
b.One who assumes a false pose; an impostor.

[GSP.FAN]

Mark for later reading..

[subterfuge]

Bono is just a turd. One big turd. Literally.

[eyeamok]

Funny thing is that I have seen those exact same commercials about poor starving children in Africa since 1964. I wonder if living under Communist Dictator Control has anything to do with poverty?? Nah, can’t be

[mewzilla]

From 2006.....

What would Bono do? Probably dodge taxes

[freekitty]

Another one of those slush funds.

[BigBobber]

[Mr Ramsbotham]

Sounds like they're doing it pro Bono.

[sinanju]

This is a typical caricature of celebrity charity. They don’t even pretend to be helping people. All their money goes to lobbying politicians to spend other people’s money and “raising awareness” rather than actually helping the poor and starving on the ground.

I’m sure it buys a lot of ad time, subway posters, plane tickets, limos and catering. I doubt if “The Statesman” and Lord Protector of Africa—Bono even knows or cares what this outfit does on a day-to-day basis. I’m betting that the Bill & Melinda Gates Foundation has become a standard unsupervised monster charity that that has been taken over by careerist staffers and is run for their benefit, while accomplishing very little of substance.

[mewzilla]

Check this out....

ONE Welcomes the Washington Post's Michael Gerson

[albie]

Just another liberal hypocrite. A has been trying to get his fair share for his retirement.

[Hillarys Gate Cult]

After a half a century of starving to death one would think they would have got there by now.

[WOBBLY BOB]

Far better, he said, is finding Westerners to invest in African entrepreneurs or businesses, which would create wealth. Mwenda, like other speakers, described at length the investment opportunities in Africa. (I half expected the pitch to be directly addressed to Doerr et al.) This line of argument enraged Bono, however, who began heckling Mwenda. "Bollocks!" he shouted. "That's bullshit." Bono is a strong supporter of intelligently managed aid. When it came his turn to speak, he said that Ireland's current prosperity is explained by government investment in its people, particularly education. He said that listening to Mwenda was like listening to an African Margaret Thatcher.

http://www.technologyreview.com/blog/pontin/17618/

doesn't sound very intelligent to me.

[Frantzie]

“I wonder if living under Communist Dictator Control has anything to do with poverty??”

That seems to be the case in Detroit.

America is heading down that path with the the Commie Imam from Kenya.