Fundraisers generated $187.4 million from New York State residents last year. But only $63 million of that money was retained by charitable organizations, according to an annual report on fundraising by state Attorney General Eliot Spitzer.
The rest went to telemarketers or covered other costs, the report stated.
The Direct Marketing Association responded that fundraising costs are affected by many things, including testing and the cost of identifying new donors. In addition, some campaigns may have other goals than fundraising
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