Report: Solicited donations cut into charities

BOSTON – Massachusetts charities that hire professional solicitors received an average of 34 percent of the proceeds collected during charitable campaigns in 2012, according to a report released last week by Attorney General Martha Coakley. More

To continue reading this article, please do one of the following.



nonprofit

Report: Solicited donations cut into charities

Posted 12/9/13

BOSTON – Massachusetts charities that hire professional solicitors received an average of 34 percent of the proceeds collected during charitable campaigns in 2012, according to a report released last week by Attorney General Martha Coakley.

The “Report on Professional Solicitations for Charity,” which examines the professionals paid by organizations to solicit donations from the public and are required by statute to register with the state, is published annually and is designed to assist people in “making informed decisions,” Coakley said in a news release.

In 2012, professional solicitors collected more than $266 million, which was $122 million less than in 2011. Of the amount collected by professional solicitors in 2012, about $91 million ended up with the actual charities. The rest went to the solicitors.

On average, only 34 cents of every dollar that a professional solicitor collected was returned to the charity. In 2011, an average of 49 cents of every dollar that a professional solicitor raised went back to the charity. •

Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News