Tuesday, July 17, 2012

Charity federations 'lack transparency' - Globaltimes.cn

Charity federations 'lack transparency' - Globaltimes.cn: Charity federations under the supervision of civil affairs departments managed to raise about one quarter of the country's total charitable donations last year, exerting a strong influence but lacking transparency, a study shows.

In 2011, charity federations nationwide collected over 20.3 billion yuan ($3.18 billion) in donations, with the China Charity Federation, a non-profit social group, topping the list with 6.5 billion yuan, according to a report on China's charities released Saturday by the China Charity and Donation Information Center (CCDIC) under the Ministry of Civil Affairs.

The number is down 15.9 percent from the previous year, according to the center.

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