The offer stills stands. Anderson is challenging the leaders of three so-called cancer charities to come on AC360 and answer questions about their donations and fundraising or they can talk on camera to our investigative correspondent Drew Griffin.
Just last week, Drew reported on The Breast Cancer Society, Children’s Cancer Fund and Cancer Fund of America. After his story aired, Anderson issued the challenge to the executives of each one to talk to us directly. So far, none have taken us up on the challenge. But two of the three have spoken out elsewhere and their comments are raising new questions.
The Breast Cancer Society run by James Reynolds Jr. responded to our report online. The headline on their web site read, “What is the truth about Breast Cancer Society that you won’t hear on CNN’s Anderson Cooper show.” In the posting, they claim 75 percent, not 2 percent of their own donations go to charity. But it’s not true. The Breast Cancer Society took in $13 million in 2011 and according to its own tax filings, just 2.4% of that money went to cancer patients.
Then there’s James Reynolds Senior, Junior’s father. He’s the president of Cancer Fund of America. He spoke to our affiliate in Knoxville, Tennessee. The elder Mr. Reynolds didn’t dispute that just 2 percent of the money his organization raised goes to cancer patients. He admits 80 percent really goes to fundraisers, along with this $237,000 salary. He said the mission of his charity isn’t to give financial assistance, but rather to give gifts, like moon pies, to cancer patients and their families to make them feel good. And yes, they may be donated gifts he has re-gifted.
The third charity, Children’s Cancer Fund, is run by James Reynolds Senior’s ex-wife, Rose Perkins. She’s been silent on our reporting. Again, the offer still stands for all three to come on AC360 and explain their financials.
The worst charity in America operates from a metal warehouse behind a gas station in Holiday, Florida.
Every year, Kids Wish Network raises millions of dollars in donations in the name of dying children and their families.
Every year, it spends less than 3 cents on the dollar helping kids.
Most of the rest gets diverted to enrich the charity's operators and the for-profit companies Kids Wish hires to drum up donations.
In the past decade alone, Kids Wish has channeled nearly $110 million donated for sick children to its corporate solicitors. An additional $4.8 million has gone to pay the charity's founder and his own consulting firms.
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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