Jared Foundation a sham

[Luddly Neddite]

Subway Jared's foundation was a sham: It never granted a single grant and more than HALF the money went directly into the pockets of his fellow 'pedophile' director

• Tax records reveal that the Jared Foundation hasn't issued a single grant since it was announced in 2008
• Meanwhile, the foundation has been spending just $73,000 a year
• From 2009 until 2013, sixty per cent of the spending was on executive director Russell Taylor's salary
• Taylor was arrested on child pornography charges earlier this year
• Another 26 per cent of spending is unaccounted for
• Jared Fogle's squeaky-clean image as the Subway pitchman came crashing down when he pleaded guilty to child porn charges last week

Read more: Subway Jared's child-obesity foundation never gave out a single grant
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Turns out this guy is real scum.

 

[DarkFury]

Could be tax charges and fraud charges in that and a charity? Federal charges. He is going to be gone a while.

 

[waltky]

Firefighters Charitable Foundation (FFCF)...

Head of nation’s worst firefighter charity admits ‘it’s not a good way of people giving their money’
Dec 29, 2014 - The worst firefighter charity in the nation is Long Island’s Firefighters Charitable Foundation (FFCF). How do I know it’s the worst? Well, it seems pretty bad to me that a firefighter charity is number four on this month’s updated list of America’s Worst Charities put together by the Tampa Bay Times and the Center for Investigative Reporting. But, then again, what makes Dave Statter an expert on reading these lists? And who put the biased news media in charge of telling us where to spend our money?

If you feel that way, that’s okay. I encourage everyone to be skeptical of what they read these days and to check multiple sources to verify the accuracy of the news they are digesting. I did the same and checked out FFCF on Charity Navigator, America’s largest independent charity evaluator. They put Firefighter Charitable Foundation at number three on the list of 10 Consistently Low Rated Charities. That was good enough for me. But just in case you still aren’t certain that you shouldn’t give your hard earned money to this firefighter charity, I have a third source. Would you take the word of Frank Tepedino?

Not familiar with Frank Tepedino? Tepedino is a former Major League Baseball player. He spent eight years in the Braves, Brewers and Yankee organizations, playing his last game in 1975. It would not be inappropriate to ask at this point what a former first basemen and right fielder knows about firefighter charities. The answer is that for the past eight years Frank Tepedino has been the president of the Firefighters Charitable Foundation. And, amazingly, it seems Tepedino agrees with all the bad things everyone else is saying about his charity.

Tepedino told WPIX-TV, “You know, it’s not a good way of people giving their money.” Still don’t believe it? You can hear Tepedino say those very words in the video above. Tepedino’s blunt comments would seem to indicate that he is going to change the way FFCF does business. But Frank has been frank about his charity before and nothing good happened. Way back in 2007 he told the Milwaukee Sentinel that FFCF was going to change the way it raised money. It didn’t.

Sadly, four of the 48 organizations on the America’s Worst Charities list have the word “firefighters” in their name. And they all raise money the same way FFCF does. Over the last 10 years the four charities have raised $94.5 million. That sounds wonderful, but it really sucks. That’s because only $5.6 million went to direct cash aid to the various firefighter related causes they are supposed to be supporting. The large majority of the money goes to telemarketers and solicitors who actually raise the money. In the case of these four firefighter charities that’s $82,900,000. Much of the rest of the $6 million left over goes to salaries and other overhead.

MORE

See also:

America's Worst Charities:
Our ranking based on cash paid to solicitors in the past decade

#5: Firefighters Charitable Foundation

Firefighters Charitable Foundation was created to provide financial assistance to people who have been affected by a fire or disaster. Over the past decade, its professional solicitors have been the biggest beneficiaries. From 2002 to 2011, it raised $64 million in donations and paid $55 million of that to its solicitors. The charity spent less than 10 cents of every dollar raised on direct financial assistance to those in need.

The charity's founder, Louis Pelico, left the organization in 2006. He said he couldn't reduce fundraising costs and decided he had had enough. "I tried for years to get it down. I figured if I hadn't gotten it down by now that I wasn’t going to," he said. "It’s a sword that really cuts you. It helps you and then it cuts. It’s doubled-edged." Frank Tepedino, who became president of the charity after Pelico, told the Milwaukee Journal Sentinelin 2007 that he planned to slowly change the way the charity raised money. That hasn't happened.

Today, the charity pays its for-profit solicitors 90 cents of every dollar raised. Some of that money goes to a broker who arranged contracts between Firefighters Charitable Foundation and some of its telemarketers. The broker earns about 4 percent of any donations collected by the telemarketers, records show. Some industry experts say it is absurd for charities to use brokers. Lists of telemarketers are readily available and using brokers just wastes more money. Tepedino said he is trying to raise money from other sources, such as fundraising dinners and golf outings. “If you have a better way of helping us, I’m open,” he said.

In their own words: the Charity's mission

Related:

Is the Firefighters Charitable Foundation a scam?