At first glance, the National Vietnam Veterans Foundation is a roaring success. According to its tax filings, the charity has received more than $29 million in donations from generous Americans from 2010 to 2014 for what it calls on its website “aiding, supporting and benefiting America’s veterans and their families.”
But look a little closer on those same filings and you can see that nearly all of those donations have been cycled back to telemarketers, leaving less than 2 percent for actual veterans and veterans’ charitable causes.
That’s why Charity Navigator, one of the nation’s largest and most influential charity watchdog organizations, has given the charity a “zero” out of four stars for those same four years.
“It’s a zero-star organization and you can’t go lower than that,” says Michael Thatcher, Charity Navigator’s CEO. “They don’t have an independent board of directors, they actually don’t even have a comprehensive board of directors — only three members on the board at this point in time and some of them are family. So one can say, is this representative of an independent board? It’s not.”
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