Independent Report Critical of Red Cross Management

Number 14395
Subject Nonprofits
Source NonProfit Times
Year 1997
Publication Date 2/1
Summary The accounting and auditing firm of the American Red Cross conducted a confidential review of its management and handling of finances. Both were reported as severely deficient (as much as 25% of the money in the disaster relief fund was unaccounted for). The firm provided the charity a confidential 600-page report. Though they were not legally required to release the report, the NonProfit Times obtained a copy.
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