It’s that time of year again. Mailboxes and e-mail inboxes are full of sentimental appeals fordonations to help America’s most needy. Here’s a fact they usually don’t tell you. Tax attorneys who set up many of these charities charge $650 an hour and often make over a million dollars a year. Their rates and administrative costs are so high, the amount of dollars that actually pay for charitable work is small in comparison.
Fortunately, Prince William and Duchess Catherine have taken a lot of the guesswork out of charitable giving. Their staff reviewed 20,000 Southern California charities to select the most worthy for a royal visit during the couple’s July 2011 stay in our area. The staff’s selection of theInner City Arts education program highlighted important reasons that this and other art education programs offer the best value in charitable giving: