New York Yankees super-star Alex Rodriguez’s charity foundation only gave $1 out of every $100 collected to the actual charity, as reported by the online news portal Breitbart.com on Feb. 26, 2013.
Cited was that the Rodriguez charily, The A-Rod Family Foundation:
“Gave 1 percent of proceeds to charity during its first year of operation in 2006, then stopped submitting mandatory financial reports to the IRS and was stripped of its tax-exempt status.”
According to the foundation’s website, the A-Rod Family Foundation:
“Is a non-profit organization dedicated to positively impacting families in distress by supporting programs focasing (sic) on improved quality of life, education and mental health.”
Not The Only One…
Yet the Yanks infielder shouldn’t feel alone.
Breitbart.com also cited other professional athletes whose name is attached to a charity happen to be more than slightly questionable.
- Baltimore Ravens wide receiver Anquan Boldin’s nonprofit, records found, raised $53,005 at golf event at a resort in Florida but spent “$46,879 staging the three-day event.”
- Former Boston–and now Los Angeles Dodgers–pitcher Josh Beckett’s charity only donated 37 cents of every dollar received to charity even though one of his friends took in a $50,000 salary working for the organization.
On The Other Side Of The Coin…
As noted, other sports stars such as Paul Pierce, Cam Neely, Vince Wilfork, Curt Schilling, and Ray Allen were different, giving large portions of revenue to charitable causes.
Many professional sports organizations have ensured they’ve associated themselves with trustworthy charities.
One such would be the joint effort by the San Diego Padres and Seattle Mariners.
Just one of many philanthropic events both teams have associated themselves with would be the Peoria (Arizona) Diamond Club.
During the first game of Spring Training, both teams face each other in a charity game in which the proceeds, “including 100 percent of ticket sales, program sales and parking lot revenue, as well as a portion of concession and merchandise sales, will be donated to the Peoria Diamond Club.”
According to Arizona.NewsAp.com:
“The Peoria Diamond Club to distribute nearly $1.3 million in grants over the past 20 years.
The children’s groups they serve and have funded include special needs, underprivileged, educational, leadership, athletic programs and more.”
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