Birdwatch Note Rating
2023-11-24 00:26:04 UTC - HELPFUL
Rated by Participant: 76090BA2BF2C11D913AD16A9A29D0B7FD7235C22A2DBE1E2DABAEF4F2A2B47EC
Participant Details
Original Note:
Red Cross is going to sit on that cash for a long time. 2 years after Black Saturday (2009) $100m of $400m raised sat in a Red Cross bank account. Article from January 2011. That's 25%. https://www.heraldsun.com.au/news/victoria/black-saturday-cash-in-limbo/news-story/fcf67229775200f22b9adf10b816b7d4 Red Cross also 10% in admin costs. https://www.redcross.org/donations/how-the-red-cross-spends-your-donations.html That is likely 35% Misallocation.
All Note Details