Why is CNN promoting Feed the Children (F rated) for disaster relief?

I was stunned to see Larry King interviewing the head of Feed the Children last night and providing the phone # for people to make donations. I once thought about making a donation until a read a charity advisory about financial statements being withheld and the owner making huge "loans" to his son.

"Feed the Children (FC), an AIP F-rated charity that spends only 18% of its cash budget on program services and spends 60% on direct mail and television and radio ads, has been enormously successful obtaining gifts in kind. In fiscal 2004 FC received $865 million in donated goods, a 79% increase from fiscal 2003. 64% of its in kind donations came from three corporations, according to FC’s fiscal 2004 audit"

FC has repeatedly declined to fulfill AIP’s request to disclose what it is actually distributing to which specific charities.


"When are audited financial statements unaudited? When the accompanying audit report is fake. The fiscal 1999 and 1998 financial statements of Feed the Children (FTC), formerly Larry Jones International Ministries, Inc., distributed to AIP and state regulators contain the forged signature of Arthur Andersen L.L.P., a major public accounting firm."


http://www.charitywatch.org/articles/feedchildren.html.

and ask them why they weren't in NO helping the people. The lady who answered said they were raising money but that was all she knew. I thought, don't they have reserve funds to help in an emergency. The advertise everyday on television.

I wouldn't call it a charity.

RW "Christian" radio network...

That was understandable, but I'm stunned like you are that CNN is pushing that lousy charity as well.

without having all the facts.