27 Aug, 2011
Good intentions – but where is the money trail?
The Herald has investigated the foundations of seven prominent sporting figures as a sample of how charities are managed.
First the good news: all provided significant support, either through direct programs to the community, such as the McGrath Breast Care Nurses, or indirectly through grants to other charities, as the Shane Warne Foundation does. But they also revealed widely varying levels of accountability, a hodge-podge of accounting practices and little or no information about how the charity dollars were used.
None of the seven published an annual report on their website.
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