10% for administrative costs is huge - how much costs per user can you possibly incur? surely at most about a couple of percent per user?
Furthermore, you state "I worry the donation isn't going to charity as advertised." is the number one reason. For me this reason is really "I worry the donation isn't really going towards the supposed aims of the charity". Therefore I'm only really going to be interested if you show me some measure of the "efficiency" of each charity, ie how much money goes on supporting their cause directly, and how much gets spent on administration, marketing, sending coins in the mail etc?
I've often often thought about the feasibility of a charity where 100% of funds are spent directly on the cause, and administration costs are covered by interest incurred between the time donations are collected and the time suppliers are paid (and whether you could run a lottery on the same principle).
Comments
10% for administrative costs is huge - how much costs per user can you possibly incur? surely at most about a couple of percent per user?
Furthermore, you state "I worry the donation isn't going to charity as advertised." is the number one reason. For me this reason is really "I worry the donation isn't really going towards the supposed aims of the charity". Therefore I'm only really going to be interested if you show me some measure of the "efficiency" of each charity, ie how much money goes on supporting their cause directly, and how much gets spent on administration, marketing, sending coins in the mail etc?
I've often often thought about the feasibility of a charity where 100% of funds are spent directly on the cause, and administration costs are covered by interest incurred between the time donations are collected and the time suppliers are paid (and whether you could run a lottery on the same principle).