Shark Shootout Noted For "Vastly Inefficient" Charitable Giving
Paula Lavigne writes this ESPN.com companion piece to an ESPN Outside the Lines story on waste in charitable sports organizations.
Greg Norman's Shark Shootout the lone golf-related entity earning acclaim for billing itself as a charitable enterprise but in reality spent just a third of its income on charitable recipients.
President Bart Collins said the shootout follows the same model as other PGA Tour events, where the biggest expenses are prize money and the cost to get the event on television, which are necessary to attract players, sponsors and fans. "Whether you save 15 or 20 percent on catering or scaffolding or parking or the other operational expenses," won't matter much, he said, when those two big expenses are often "cast in stone."
And...
"It's a hard business, and our heart's in it," Collins said. "I understand, with 115 athletes, you'll have some abuses with charities, but this really isn't one of them."
Despite that argument and the bottom line, Berger, from Charity Navigator, stands firm, saying the shootout was, "so vastly inefficient that it just sort of trumps everything else."
The report:
Reader Comments (19)
who may answer this.
What percentage of fundraising, is LEGALLY required to be "donated"
from 501(c)3 charities?
1/3 is low for my values, but is also likely a little misleading.
What $% goes to the "purse"? And how much of the earnings of the players,
ends up being donated to charities of their choice? Might level the numbers, at least a little
On the other hand, I'm not sure anyone buys a ticket to these things thinking they are contributing to charity, anymore than they would for any other sporting event. As opposed to when you make a donation to a charity.
Charity for charity's sake is one thing (read church, American Red Cross as examples), but charity as a side benefit for something else is completely different (golf outings, team in training marathons, poker rooms).
Given the last reported total charitable contribution I could find ($108 million, 2009), I would imagine the charities are something like the guy who made the cut and came DFL.
of PGA TOUR business under their non profit umbrella,
and a portion under a for profit structure (The TPC Network at one time)
That understanding was a few years ago.
there are charities that raise funds to be spent on good works--give a $1000, go to a rubber chicken dinner, meet the kids, head home.
these are charities for which "effiiciency" has some merit. A-rod and tiger's foundations seem to fit in this catagory.
then there is a junior league thrift shop--its a business, the profits of which go to good works. this is "inefficient" as it has expenses that must be covered before a profit is generated. But nobody shops there because they want to "give" to somebody. they are looking for clothes. No business has 66% margins, at least not for long.
We get it. You don't like Greg Norman. But instead of cutting and pasting someone else's text why not do some research and let your readers know how it compares to other golf-related charities?
guess what?...a lot of people despise the guy...and for good reason...he's one of the worst.
From what I've read, Norman is no better or worse than the world's no. 1 golfer, but I don't see Geoff S. trolling the Internet for negative stories about Woods to repost. The website http://together.pgatour.com/ is an interesting read for those interested in tour players and the charities they support.
(note TW's foundation also runs 3 pro tournaments - 2 pga tour events & the world challenge, plus the Tiger Jam in Vegas, and Pebble Beach Invitational)
He's also achieved more than you could ever dream of Bobby D. Bad luck buddy
Yeah...he's "achieved" three wives, committed adultery and back-stabbed his best friend...quite an "achiever"
You completely miss the point. Whether you care for Greg Norman, or you despise him, it would still be very interesting to see how the books for his event stack up against the books for other golf events in the 'efficiency' of the donations to charity. You could continue to go on with your hatred of Greg Norman, but you could do it with more knowledge about the 'efficiency' of the charitable giving in pro golf events.