Halloween is an important event for the United Nations Children's Fund, or UNICEF, as hundreds of thousands of trick-or-treaters go house-to-house asking for pennies or dollars to help the world’s needy children. But according to the U.N. Board of Auditors, which monitors the organization’s finances, the cost of funneling such private sector money through UNICEF’s national committees to the global organization is getting so expensive that it merits special notice.
A report by the auditors that was published last June, but won’t be considered by UNICEF’s supervisory executive board until next year, highlights the fact that those national committees last year kept an average of 29 percent of overall private sector contributions for themselves, either as expenses or as stockpiled cash.
In all, more than $341 million in donations was held back by administrators in 2012, and more than $2.39 billion over the period from 2006 to 2012, amounts that the auditors dryly labeled as “high.”
I hope unicef hangs itself with all the rope it's been given through the years.
Sorry, UN gets zip, zero, squat, nothing!
I agree. Evacuate the building, board up the windows and send them all home AFTER they pay all their parking fines! But I do have a suggestion for where good Samaritans can send their contributions to. The Salvation Army. They are extremely low budget, ask no questions and they are there when and where you need them and are a wonderful organization. I know this for a fact having been through several floods here in the Midwest USA. In contrast, the Red Cross was there too, and it took four pages of paperwork to fill out just so you could get a mop and bucket from them. Maybe we should give the UN building to the Salvation Army?
More politicos abusing the taxpayer/ supporters. They're part of the elite now and can waste at will. Of course, that's true of the whole U.N. too.
Get the US out of the UN!
I no longer donate to this thievery organization. I have never seen it work in any of the communities I have lived in. But it was when I learned of the CEO's salary, I knew it had more intentions of helping themselves than anyone else.
I would love to give the UN the shaft.Get the hell out of America hell go home if you've got one.
trick is the right word. No more money from this household.
Liberals trick at the expense of needy children, shameless characters all......
I never give one red cent to any of these agencies until I have checked them out, and I am convinced that they are honest and upfront about everything...even the red cross is corrupt.....
More socialists hiding behind the "children" shield. Just like Obama.
Another liberal organization lying and stealing. Who can you trust?