NY AG Schneiderman: Some Nonprofits Holding Superstorm Sandy Donations
By ANTWAN LEWIS
New York Attorney General Eric Schneiderman said that many nonprofits are withholding donations from the very people they are supposed to be helping.
Within days of Superstorm Sandy making landfall in October 2012, a number of charitable organizations started collecting donations from kindhearted souls freely giving their monies to help with Sandy relief efforts or so they thought.
Schneiderman announced that a huge amount of those donated funds have yet to be filtered to sandy victims as they were so intended.
"This is about transparency. This is about accountability," Attorney General Eric Schneiderman said. "This is about us all understanding that the money goes where the donors intended and the relief is delivered effectively and efficiently.
Schneiderman's office found that 89 charities raised more than half a billion dollars. By April, only 57 percent of that had been given in sandy relief, leaving at least $238 million still in the hands of those nonprofits and not in the hands of sandy victims.
Read more: http://www.myfoxny.com/story/22869999/schneiderman-some-nonprofits-holding-storm-donations#ixzz2ZQQJPPsV