AP IMPACT: Some 9/11 charities failed miserably

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AP IMPACT: Some 9/11 charities failed miserably

http://hosted.ap.org/dynamic/stories/U/US_SEPT_11_TROUBLED_CHARITIES_ABRIDGED?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

 

Americans eager to give after the 9/11 terrorist attacks poured $1.5 billion into hundreds of charities established to serve the victims, their families and their memories. But a decade later, an Associated Press investigation shows that many of those nonprofits have failed miserably.

 

There are those that spent huge sums on themselves, those that cannot account for the money they received, those that have few results to show for their spending and those that have yet to file required income tax returns. Yet many of the charities continue to raise money in the name of Sept. 11.

 

One charity raised more than $700,000 for a giant memorial quilt, but there is no quilt. Another raised more than $4 million to help victims, but didn't account publicly for how it spent all of the money. A third helps support a 9/11 flag sold by the founder's for-profit company.

 

There are other charities that can account for practically every penny raised - except that all the money went to pay for fundraising, and not the intended mission.

 

 

2 states say they are reviewing 9/11 charities

 

http://hosted.ap.org...EMPLATE=DEFAULT

 

Officials in Arizona and New York have launched investigations into charities that claim to serve 9/11 causes, probing whether they failed to follow state laws - and may have misspent millions intended to help and honor those affected by the terrorist attacks.

 

:angry: