Kevin Durant donates $1 million to the Red Cross

[Tofudog]

Wow Centaur. I had no idea that Katrina had even hit Mississippi more than it did Louisiana! Shows how little I actually looked into that and I feel ashamed of myself. I would like to help out but would not be able to afford the time off of work or the plane tickets to get to these places

Is there an organization that pays for peoples travel to these sites? If not a "adopt-a-child" organization should be formed where people can see that 25% of their money is funding a trip for someone who can help, and 25% is going to a specific family.... or something like that..

KD was one of my favorites and is even more so now.. I also agree that the physical help is much more impressive than the financial donation

[InTheDrink]

It's like someone that makes 175k a year donating $200

[James D]

It's like someone that makes 175k a year donating $200

No its not. Kevin does not make 875 million a year, which is the ratio you are describing. He makes about 25 million annually. Kevin donated about 7% of his net income this year. It was a great gesture and he should be commended for it.

[PROGLR]

He seems like a good person..L.J will never do the same

[Seaweed]

People complaining that it's only 1 million dollars for Durant are the same people who are the stingiest with free points at SBR

[James D]

Lots of speculation in this thread about how wasteful charities are with donations. Of course most of the speculation is negative not positive. Lets look at facts instead of isolated incidents and personal experiences or biases

.The 100 Largest U.S. Charities - Forbes

[InTheDrink]

No its not. Kevin does not make 875 million a year, which is the ratio you are describing. He makes about 25 million annually. Kevin donated about 7% of his net income this year. It was a great gesture and he should be commended for it.

17 mil before endorsements and bonuses

[flyingillini]

No its not. Kevin does not make 875 million a year, which is the ratio you are describing. He makes about 25 million annually. Kevin donated about 7% of his net income this year. It was a great gesture and he should be commended for it.

I'm not describing any kind of ratio. Don't be such a "guey"

[The Kraken]

It's like someone that makes 175k a year donating $200

Letz break this down for you, Frodo

KD will make about $40mil this year, so he donated about 2.5% of his yearly earnings.

in your example, the guy donated about .11% of his yearly salary.

Therefore KD donated approximately 2500% more.

Now, get back to the Shire you dumfukk. You're way out of your element with people over 5ft tall

[James D]

Now for the other side of the coin....

these charities spend 90 cents to raise a dollar!!!!

Charity Navigator - 10 Inefficient Fundraisers

[James D]

17 mil before endorsements and bonuses

He made about 8 million in endorsements and 17.5 in contract. So 25 million before taxes and donated 1 million. So after taxes, meaning net, he donated about 7% of his salary,

[InTheDrink]

Lots of speculation in this thread about how wasteful charities are with donations. Of course most of the speculation is negative not positive. Lets look at facts instead of isolated incidents and personal experiences or biases

.The 100 Largest U.S. Charities - Forbes

forbes is a terrible website....everything produced in disposable top 10/top 100 lists

salvation army is notoriously not great at getting donations to those in need, but conveniently exempt from making records publicly available because it's religious...what a joke

Many religious organizations are exempt under Internal Revenue Code from filing the Form 990. As a result, we lack sufficient data to evaluate their financial health.

charity navigator is the best watch site for this sort of thing http://www.charitynavigator.org/

[The Kraken]

KD made about $10 mil from Nile and a total of $13mil from all others combined + $17.5mil in salary.

[InTheDrink]

He made about 8 million in endorsements and 17.5 in contract. So 25 million before taxes and donated 1 million. So after taxes, meaning net, he donated about 7% of his salary,

id venture to say he made more than 8 mil in endorsements considering he made 7 with nike alone

http://sports.espn.go.com/nba/news/story?id=2941448

i guess the main point still remains...still a healthy donation

[James D]

I'm not describing any kind of ratio. Don't be such a "guey"

Your comment and comparison was far more "guey" then mine. A million bucks is a million bucks. 200 bucks gets you a solo dinner at NOBU.

There are over 3 million millionaires in the USA, and over 400 Billionaires. Did not see any of these other people pony up a million bucks to help the victims in Moore.

[James D]

id venture to say he made more than 8 mil in endorsements considering he made 7 with nike alone

http://sports.espn.go.com/nba/news/story?id=2941448

i guess the main point still remains...still a healthy donation

That contract was for 60 million over 7 years but had a 12 million signing bonus. So his salary there is like 7 per if it wasnt renegotiated.

Forbes said he makes 8 million a year and then in parentheses it said ( virtually all from Nike).
Then in another article ( same year) it said 13 million in endorsements

[Mac4Lyfe]

I don't know all the numbers but I saw somewhere that it was the equivalent of someone making $50,000 donating $3,000. That's pretty high and certainly not chump change for the average American.

He made about 8 million in endorsements and 17.5 in contract. So 25 million before taxes and donated 1 million. So after taxes, meaning net, he donated about 7% of his salary,

[LowRollin]

Westbrook donated some of his fashion gear to the needy.

[Mac4Lyfe]

I don't think any amount is too much for people affected by 9/11. I don't have a number... $2 million, $4Mill, $20Mill, If people sent their money to that cause then the money should be spent to that cause. Not put in some coffer to spend somewhere else, especially when they are mismanaging the money they're getting anyway and their top leaders are making millions at our expense.

How would you feel if you gave your money to the Red Cross for 9/11 and then years later they use it for a cause that you are against or don't care about supporting? That's bullshit.

That's why I say that you are better off getting the money into the hands of the people you want to help. At least that's dollar for dollar.

Lots of questions, I will answer them all

1. I think the fund was far larger then they expected because it was, that was common knowledge after the outpouring of aid
2. No of course I do not think losing a family member is worth 2 million dollars tax free. You can not put a price on a family member. However the financial relief the victims were suppose to receive to help the families through this tragedy was more then supplied.
3. Of course it is peanuts compared to what these people suffered. I LIVED IN MANHATTAN when this happened, I know as much as most people do. I knew two people who died very well.
4. As far as your argument that many of these people made 500k a year I do not see how that is relevant, if a CEO of one of the big wall street companies had died should his family get 50 million compensation? 100 million?
5. 400k could not cover doctor bills or funerals? That statement does not apply because all medical bills were covered and if a person died compensation was in the millions not 400k. 400k was the average for any person claiming an injury.
6. I understand your position that people donated for that cause and it should go to that cause, but what should the charities have done? Do you think six million or eight million per family would be too much? Is there a number?

[RyanLeafOfBets]

Letz break this down for you, Frodo

KD will make about $40mil this year, so he donated about 2.5% of his yearly earnings.

in your example, the guy donated about .11% of his yearly salary.

Therefore KD donated approximately 2500% more.

Now, get back to the Shire you dumfukk. You're way out of your element with people over 5ft tall

I literally just burst into laughter upon reading this.

[LVHerbie]

Now for the other side of the coin....

these charities spend 90 cents to raise a dollar!!!!

Charity Navigator - 10 Inefficient Fundraisers

You are the one on the wrong side of the coin... 90% of the money given to the Red Cross goes towards their stated goals.

http://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=3277

[PAULYPOKER]

However FEMA is the most corrupt and deceitful disaster relief organization out there........

What a coincidence, FEMA is run by the government..........

[SpreadSniper]

You are the one on the wrong side of the coin... 90% of the money given to the Red Cross goes towards their stated goals.

http://www.charitynavigator.org/inde...ary&orgid=3277

Depends who you ask/where you get your info from... wasn't long ago that I saw .39 of every 1.00 goes to their stated goals..... American Red Cross CEO makes 650K+/year not to mention all the other bullshit perks the bitch gets.

[The Kraken]

Both Oklahoma senators voted against something to do with FEMA and extending benefits for Hurricane Sandy victims

[TheCentaur]

Can't remember the thread, but a guy on here said he made a good 6 figures working for a charity in Africa. His job was installing high speed internet infrastructures, but on the charity drops in the US they advertise with a picture of a starving little black kid with a distended stomach.

This was the thread

http://forum.sbrforum.com/saloon/2167822-my-boss-f-ckin-c-nt.html

[muldoon]

Depends who you ask/where you get your info from

The poster didn't just ask, they including the link (here's their background http://en.wikipedia.org/wiki/Charity_Navigator)

Where did you ask or get your .39 from?

[TheCentaur]

The poster didn't just ask, they including the link (here's their background http://en.wikipedia.org/wiki/Charity_Navigator)

Where did you ask or get your .39 from?

Evaluation methodology

Using publicly available tax returns (IRS Form 990) filed with the Internal Revenue Service, and information posted by charities on their web sites, the Charity Navigator rating system bases its evaluations in two broad areas — financial health and accountability/transparency. Based on how the charity rates in each of the two areas, it is assigned an overall rating, ranging from zero to four stars. To help donors avoid becoming victims of mailing-list appeals, each assessment of a charity's performance is accompanied by a review of its commitment to keeping donors' personal information confidential.
This methodology was criticized in an article in the Stanford Social Innovation Review for taking into account only a single year's IRS Form 990.^[4] This can lead to significant fluctuation in the ranking of a charity from year to year.^[4] Also, the focus on the IRS Form 990 has itself been criticized, as the accuracy and reliability of IRS Form 990 data is questionable.^[5] Form 990 categorizes a charity's expenditures into three broad categories that are open to accounting manipulation. The nonprofit sector does not have the strict financial regulation and transparency required from public corporations (under the Securities Act of 1933, the Securities Exchange Act of 1934, and the Sarbanes-Oxley Act, among others), creating limitations on how accurately a charity's efficiency can be graded based on a tax return. Particularly relevant to Charity Navigator's methodology is that 59% of the 58,000 charities receiving public donations in 1999 failed to report any fundraising expenditures, illustrating a potential problem with relying on Form 990 figures alone when analyzing an organization.^[5]

[ZetaPsi808]

damn the Red Cross should be prosecuted for this

[LVHerbie]

Both Oklahoma senators voted against something to do with FEMA and extending benefits for Hurricane Sandy victims

The idea of ignoring your "conservative principles" when you are the one getting the handout isn't exclusive to Republicans in Oklahoma.

[James D]

You are the one on the wrong side of the coin... 90% of the money given to the Red Cross goes towards their stated goals.

http://www.charitynavigator.org/inde...ary&orgid=3277

I am not on the wrong side of the coin at all. I stated that the red cross was very efficient and posted several links to data confirming my statement. The "other side of the coin" if you hit the link, which ironically is from the same site you referenced for the red cross details the ten WORST charities. Hence my reference to the other side of the coin.

You and I both linked to data stating the red cross is a good charity with efficient practices.

[James D]

Both Oklahoma senators voted against something to do with FEMA and extending benefits for Hurricane Sandy victims

3 of the 5 senators from Okla voted no to the Sandy relief bill. They claim it was the added pork they objected to, who knows if its true. However one of the two senators that voted yes to the relief is the senator whose district includes Moore OK where the tornado hit.

[LVHerbie]

I am not on the wrong side of the coin at all. I stated that the red cross was very efficient and posted several links to data confirming my statement. The "other side of the coin" if you hit the link, which ironically is from the same site you referenced for the red cross details the ten WORST charities. Hence my reference to the other side of the coin.

You and I both linked to data stating the red cross is a good charity with efficient practices.

Missed your above posts.

[qsilver335]

I am sure the victims who lost all of their material possessions could care less of what percent of his yearly salary K.D. donated, the fact is they will get some help. Even if it is small in the grand scheme of things.

[James D]

I am sure the victims who lost all of their material possessions could care less of what percent of his yearly salary K.D. donated, the fact is they will get some help. Even if it is small in the grand scheme of things.

Its not a small gesture at all, its a million dollars that became 2 million when the team matched it. The first night the emergency shelter only had 131 people in it. The reason was the people in the community took each other into their homes. The midwest mentality when it comes to sticking together and having each others back is really great. We do not have that here in LA, it is a different lifestyle, a different mindset.

[Mac4Lyfe]

I haven't had any dealings with the Red Cross in several years now but based on my personal experience working with them in business they were horribly inefficient and had their heads up their asses. I would find it hard to believe that they've changed much in the past 4/5 years. I was ashamed to see how this outfit did business. Not even remotely efficient. I haven't looked at what you posted closely but I'd take any report with a grain of salt that says they have efficient practices. Talk to people who have had to deal with them and see what they say.

I am not on the wrong side of the coin at all. I stated that the red cross was very efficient and posted several links to data confirming my statement. The "other side of the coin" if you hit the link, which ironically is from the same site you referenced for the red cross details the ten WORST charities. Hence my reference to the other side of the coin.

You and I both linked to data stating the red cross is a good charity with efficient practices.