Monday, April 04, 2016

I’m Not a Philanthropist, But I Play One on a Reality Show! | Non Profit News | Nonprofit Quarterly

I’m Not a Philanthropist, But I Play One on a Reality Show! | Non Profit News | Nonprofit Quarterly: "A few days ago, in the latest exposé of such stuff, the Washington Post took up the question of the Rost Foundation, constantly referred to by Katie Rost of The Real Housewives of Potomac as her philanthropic calling. Its mission is big and bold:

The mission of The Ronald F. Rost Charitable Foundation is to help children in maximizing their life potential and realizing their highest dream of themselves through recreational, enrichment and leadership activities.

But it turns out there is really no “there” there. Its latest report on GuideStar boasts assets of $0, having run a 2014 deficit of almost $2000. In fact, the foundation’s revenue apparently comes directly from Rost’s mother, who is an executive at GEICO. They have totaled somewhere in the neighborhood of $32,000 over the last five years, and of that only $3000 has gone out in donations, with the rest spent on administration."



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