SALT LAKE CITY (AP) -NBA players who set up charitable foundations don't always contribute as much as expected because of poor management and the cost of fundraisers.
The analysis was made by The Salt Lake Tribune. The newspaper studied tax records filed by NBA player charities. It analyzed 89 stand-alone NBA player charities and published the results in a series of stories Sunday.
Together, the charities reported revenue of at least $31 million between 2005 and 2007. But only about 44 cents of every dollar raised - or just $14 million - actually reached needy causes.
Advertisement

Top NBA Public Bets

#1 512 Boston Celtics  80%
#2 515 Utah Jazz  77%
#3 501 Atlanta Hawks  68%
#4 508 Indiana Pacers  65%
#5 510 Denver Nuggets  62%
#7 506 Milwaukee Bucks  59%

NBA Top Stories

Thumbnail Hornets vs. Celtics Prediction The Celtics are 5-point home favorites versus the Hornets on Monday night - will Boston cover when the teams tip-off at 7:30PM ET?
Thumbnail Hawks vs. Knicks Prediction The Knicks are a small home underdog versus the Hawks today at 1:00PM ET. Will New York cover the spread?
Thumbnail Hosts seek redemption after holiday collapse Despite the best efforts of Kevin Durant, Golden State suffered a gut-wrenching loss to Cleveland on Christmas. But is tonight’s rematch bound to produce...
Thumbnail Bulls vs. Grizzlies Pick Will the Memphis Grizzlies be able to hold off a short-handed Chicago Bulls team tonight at 9PM ET?
Thumbnail Pistons vs. Lakers Pick Which struggling team will get a needed win on Sunday as the Los Angeles Lakers host the Detroit Pistons at 9PM ET?

NBA Team Pages