Back in January, I started identifying candidates for possible inclusion on my new list of “America’s Stupidest Charities.” The criteria was pretty basic: charities that called the New To Seattle world headquarters asking for money even though they already were the subject of a critical write-up here. That generally was for spending very little on the stated charitable mission thanks to use of outside paid telemarketers.
I quickly garnered three contenders: American Veterans Support Foundation, a trade name of the National Vietnam Veterans Foundation; Cancer Support Services; and Community Charity Advancement, doing business as Breast Cancer Support and Research Fund.
Then the hunt went cold. The calls stopped coming in. Was it possible charities and their telemarketers were getting a little smarter about who they do and don’t contact?
Maybe. But I’m starting to think the reason also might be the fact that one of the country’s most notorious charity telemarketers filed for bankruptcy-court protection from what seems to be a growing array of debts, liabilities and overall trouble.
Four weeks ago on March 13, Associated Community Services Inc., of Southfield, Mich., sought refuge in the U.S. Bankruptcy Court for the Eastern District of Michigan. It filed papers listing assets of $10 million and liabilities of $21 million. That’s what’s known as being seriously upside-down.
ACS, as the firm is called, was a frequent and repeat visitor to Seattle. Readers of this space might recall some of the company’s, ah, memorable clients (none of which is eligible–yet–for the stupidest charities list, since they haven’t called me since its inauguration). Here’s the quick list: Continue reading