There are always some questions around charitable foundations and how much money goes to the actual cause, but Alex Rodriguez's "A-Rod Family Foundation" might take the cake as one of the least effective and most corrupt charities you've seen in a while, particularly among charities run by athletes.In the foundation's first year, 2006, only about 1 percent of their proceeds actually went to charity. After that, they stopped submitting their numbers to the IRS.
The foundation claimed to have raised over $500,000 in a poker tournament hosted by A-Rod and Jay-Z. Out of that money, only about $5,000 actually went towards charitable causes.
In contrast, Carmelo Anthony's foundation resulted in 87% of funds going to the intended charitable causes.
This is just another stain on an incredibly shady career for Rodriguez, whose name will forever be tied to performance enhancing drug use despite a stellar career, in terms of statistics.
Does this cause you to judge A-Rod any differently? Or is it just another nail in his reputation's coffin? How much of it was willful misspending, and how much was just ignorance and/or negligence? It's hard to tell how much A-Rod is actually to blame here, but it definitely doesn't reflect well on him at all.





2/27/13 | mcleodglen | 24 respect