We all continued to struggle and stress over the economy in 2010 as the financial crisis and high unemployment continued with house prices still depressed due to the large number of foreclosures. Europe and America begin to pursue different courses to address the problems with Europe addressing budget deficits and the U.S. continuing to try and spend the way out of the recession by creating more jobs.
But the economy wasnt the only devastating memory of 2010. Who could forget the magnitude 7 earthquake that struck Haiti leaving the country paralized. However, as usual, in great times of despair the greatest testament to our human spirit come through. 6 months after the earthquake, non profit raised over 1.3 billion dollars, proving that even in economically stressed times, there are some of us who will reach deep in our pockets and give back.
Unfortunately, the other side of humanity can also be seen in this Haiti fundraiing efforts when you take a closer look at how much an organization has raised vs. how much they actually spent. Go to http://philanthropy.com/article/How-Charities-Are-Helping/66243 to see what I am talking about...ie- the Clinton Bush Haiti fund raised an astounding 50 million dollars, yet only biparted their account with a measly 4 million spent! Now, the article doesn't explain where the remaining amount of the money raised in each organization went so there is a chance the remaining 46 million was spent appopriately, but it does make you wonder. Especially when you have organizations like
The Entertainment Industry Foundation/Hope for Haiti Now telethon that raised 66 million and spent 66 million on relief!
Speaking of which, that telethon highlighted some of 2010's most sought after entertainers in 2010 including, Beyonce, Madonna, Ben Stiller, Brad Pitt, Chris Rock, Clint Eastwood, Denzel Washington, Halle Berry, Jon Stewart, Julia Roberts, Leonardo DiCaprio, Matt Damon, Meryl Streep, Morgan Freeman, Nicole Kidman, Robert Pattinson, Samuel L. Jackson, Tom Hanks, Will Smith with Muhammad Ali, and More