October 21, 1999
Telemarketers Keep Most of the Money They Raise for Charity, 2 States Report
Two new reports by state regulators show the share of proceeds that charities receive when they hire professional solicitors to seek donations in their behalf:
* In Connecticut, telemarketers that ran fund-raising campaigns in behalf of Connecticut charities last year kept two out of every three dollars raised.
* In Ohio, professional solicitors -- telemarketers and other types of fund-raising companies -- gave charities less than one-half of the money
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