Because the charity named Wounded Warrior Project faces some serious accusations made by two massive media companies, CBS and New York Times, the company has demanded the retraction of various articles on this subject. Following these accusations, charity watchdog Charity Navigator has added the WWP program to its watch list.
Even Presidential candidate Donald Trump dismissed the project from the 22 veteran charity organizations scheduled to receive $6 million following Trump’s Thursday night event. This decision was based on his belief that every charity should have a high degree of transparency regarding its employee expenses and the amount of funds actually allocated to the parties targeted by the charity itself.
According to CBS, WWP spends around 60% of its received funds towards charity events and helping wounded veterans in the US, with the rest being funneled to posh employee parties, costly travel expenses, and fancy restaurant dinner. This is extremely disconcerting if proven true, taking into account that in 2014 the company reported $342 million in tax returns revenue. Most of the donations gathered by the program come in small amounts given by people over the age of 65.
In comparison to other charities, the 60% amount of funds actually used to help people in need is extremely low. For instance, the Disabled American Veterans Charitable Service Trust uses 96% of its gathered charity funds towards helping veterans each year, according to the Charity Navigator inquiry.
Even some employees from WWP have admitted in disgust that the charity program uses a big part of its funds for team building events at restaurants and booking 5-star resorts while traveling. True, if this business practice is true, it is extremely egregious to say the least. Most of these funds are made on the back of wounded veterans who no longer can lead normal lives due to PTSD or physical traumas.
This phenomenon is not only limited to WWP unfortunately. This is why the general public is often advised by various parties to carefully check the background of charity programs, news regarding them or donor reviews, before opting to donate large sums of money. If these funds don’t reach the alleged people in need, they will simply wind up in the business owners’ pockets.
Even if the Wounded Warrior Project faces some serious accusations, before these allegations are proven true, the company heavily dismisses any criticisms aimed at their business practices. In some parties’ opinion, a federal investigation should be conducted in the company in order to see exactly where money is being funneled and take extreme measures if the accusations are proven completely true.
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