The Feds are finally cracking down on firms that claim to be raising money to help vets... and then keep the funds raised for themselves. Americans have developed a deep respect and love for those of us who have put our lives on the line over the years to protect American freedoms. It's a natural given they they want to dig in and help veterans however they can.
Generous Americans give more than $2.5 billion a year to some 40,000 charities with missions supposedly designed to help veterans. My brief investigation months ago revealed a large number of such organizations had non-existent addresses or were not licensed to do business. Some use fund-raising companies which collect 85% of the amounts raised as fees; as it turns out, some of those fund-raising companies have in turn been owned by principals involved in the charity.
There are several well-known veteran charities that use all, or a substantial portion, of funds raised to help veterans in need. Among them are: The American Legion, Veterans of Foreign Wars, Wounded Warriors and Disabled American Veterans.
By all means, be charitable with your money, but check out the organizations you are giving to before you part with your hard-earned money.
That's MY AMERICAN OPINION, respectfully submitted.
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