founder of Help Hospitalized Veterans, pays himself and his wife more than $500,000 a year, ... only 31% of $70M intake went to veterans

ABC investigates veterans charities that mostly enrich their owners | David Edwards and Muriel Kane | Published: Friday November 9, 2007
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Institute President Daniel Borochoff told ABC, "Under 35% of your budget on actual bona fide charitable programs will get you an F grade." Thirteen out of 27 military and veterans charities reviewed by the Institute did not meet that standard, and one was found to spend as little as 2% of its receipts on program services.

Meanwhile, some of the people running the F-rated charities are getting rich. For example, Roger Chapin, founder of Help Hospitalized Veterans, pays himself and his wife more than $500,000 a year, while only 31% of the $70 million he took in last year actually went to help hospitalized veterans. Chapin, described by Daniel Borochoff as "a charity entrepreneur," has founded more than a dozen such charities over the past three decades. ...