Thursday, September 23, 2010

Bono's ONE foundation under fire for giving tiny percentage of funds to charity | Mail Online

Bono's ONE foundation under fire for giving tiny percentage of funds to charity | Mail Online:

Bono's anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy.

The non-profit organisation set up by the U2 frontman received almost �9.6m in donations in 2008 but handed out only �118,000 to good causes (1.2 per cent).

The figures published by the New York Post also show that �5.1m went towards paying salaries."

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