View Full Version : U.S. Figure Skating Financial Accountability

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05-15-2012, 04:48 AM
Having worked for a charity, I can offer that disbursements might not be close to donations for some innocent reasons. . . Now-what are they doing with the other donations? They should be investing the vast majority of them.

If this refers back to the Memorial Fund, the donations are not disbursed. They are added to the fund's endowment. Scholarships are distributed out of the earnings. This is noted in the Fund's descriptive material, i.e., website, brochure, etc.