|Report: Mixed results from player charities|
|Written by Admin|
|Sunday, 28 December 2008 08:46|
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.