Americans are always willing to give to charity. Our society encourages us to help those who are less fortunate. The concept of giving is embedded in many of the teachings of various religious institutions. Even with consideration to the current economic environment, the working class is still wanting and willing to give what they can. The American Red Cross found that 68 percent of Americans believed that was important to give, because of the economy. The survey also found that contributors would rather that people donate to charity instead of giving an unwanted gift. During the holiday season, many nonprofits will have high volume of donations. So given these circumstances, why is it that these organizations feel that it is not necessary to disclose their financials? If these organizations are solely engaging in activities... [continues]
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