
01-29-2010, 02:56 PM
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GreekChat Member
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Join Date: Dec 2001
Posts: 12,783
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Quote:
Originally Posted by shimano
The legal minimum is 10% and the maximum is obviously 100%. The 90% that I mentioned was the max that a charity can spend on administrative costs, ads, fundraising, overhead, junkets to Hawaii, ect.
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Which is not true.
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