Report: Bono’s ONE Foundation Gave Just 1% Of Funds to Charity by Hollywoodland

[Geee]

Big Hollywood:

Report: Bono’s ONE Foundation Gave Just 1% Of Funds to Charity
by Hollywoodland

Bono’s anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy.
The non-profit organisation set up by the U2 frontman received almost £9.6m in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that £5.1m went towards paying salaries.
While the organisation’s gameplan has never been direct handouts on the ground, many who admire the Irish rock legend may be surprised by the figures.
Bono was playing Brussels last night with U2 as the world’s leaders – so many of whom he speaks to directly – were meeting at the UN assembly in New York to assess the progress, or lack of, in reaching the Millennium goals they set.
The Post revealed it had received a number of gifts from ONE in the run-up to the event, such as leather notebooks, bags of coffee and water bottles.

[Al_Simmons]

Well, I guess Matt and Trey (South Park creators) had it right after all.

 

Bono doesn't hold "the record", Bono IS "the record."

 

(If you have to ask, don't. At least not if you're eating.)