36 Chambers – The Legendary Journeys: Execution to the max!

August 29, 2014

100% of the people reading this post are reading this post (and other lies about statistics)

Filed under: Economics, Schooled!, Science!, Specific Stupidity, Technology — Tony Demchak @ 5:10 pm

A friend recently shared an article about the Ice Bucket Challenge that claimed only 27% of the money raised is going towards research. Here’s the article. 

Here’s the headline: 

ICE BUCKET CHALLENGE: ALS FOUNDATION ADMITS LESS THAN 27% OF DONATIONS FUND RESEARCH & CURES

$95 Million Later: Only 27% Of Donations Actually Help ‘Research The Cure’

I was pretty angry. The tone of the article is really awful too, slamming the ALS foundation for these heinous crimes. Yet, there’s some additional facts tucked away in a pie chart that give the lie to the headline. 19% of the funds raised go to patient and community outreach; a viable use of funding, don’t you think? 32%, the largest chunk of the funding, goes to public education. How dare they spend the money trying to make people aware of the disease and its effects! That’s what Wikipedia and webMD are for! Oh, and the $95 million figure they quote isn’t what they actually break down in the chart either — it’s only the expenses for the year ending January 31, 2014.

Given that pie chart, in fact, 79% of the donations go directly to aiding sufferers of the disease or increasing awareness; that’s pretty good. The foundation is rated very highly by Charity Navigator too. 

The salary for the CEO is pretty insane — $300k+ is nuts for a non-profit. However, it’s only a tiny slice of the total pie, and not nearly as bad as scaremongers would have you believe. If we, in the United States, don’t want to use tax dollars to contribute to health care, funding of organizations like this one is a great way to contribute. 

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