Red Cross CEO Has Been Misleading About Where Donors' Dollars Are Going
The American Red Cross regularly touts how responsible it is with donors' money. "We're very proud of the fact that 91 cents of every dollar that's donated goes to our services," Red Cross CEO Gail McGovern said in a speech in Baltimore last year.
McGovern has often repeated that figure, which has also appeared on the charity's website.
The problem with that number: It isn't true.