Taipei Times - archives: "Donors want charities to be more transparent
By Chou Fu-mei
STAFF REPORTER
Monday, Mar 19, 2007, Page 4
Directorate General of Budget, Accounting and Statistics figures show that Taiwanese donate up to NT$42.7 billion (US$1.3 billion) to charity every year. But do the 5.35 million people who donate to charities know if their money is really going to those in need?
United Way said it collected NT$374 million in donations last year, which it used to subsidize 389 organizations and 494 projects throughout the nation. All, it said, must apply for funding. United Way immediately recoups money from any group discovered to be using money for private purposes and then bars the group from applying again for two years."
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