They are spending nearly 40% of their money on fundraising and the second worst performer in Australia’s charitable organisations.
Imagine how badly they would be doing if they did not get funds from the food and pharmaceutical industry!
“The National Heart Foundation collected more than $51 million from fund-raising last year but spent more than $20 million on fund-raising, $8 million more than it put towards research. The bulk of its revenue went to health programs.”
But not to staying up to date on new findings and updating their recommendations.