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Old 01-29-2010, 03:40 PM
AGDee AGDee is offline
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Join Date: Aug 2003
Location: Michigan
Posts: 15,843
Quote:
Originally Posted by shimano View Post
Are you an idiot? Your post does not dispute anything. I said the legal MINIMUM a charity has to spend on the victims is 10%. You reply with a charity can spend 100%. No Shirlock.

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.
She said "In reality, a non-profit can spend 100% of its revenue on salaries if it wanted to, as long as no private inurement took place." She did not say that a charity can spend on victims. She said they can spend 100% on SALARIES.
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