We're passing this along because we believe the word
needs to get out about this
organization. Please forward to the
The following is an editorial column which appeared in the
May 2, 2001, edition
of the Sebring, Florida, Highlands Today News:
"Be wary of calls from Veterans of America Foundation, Inc.…
There is an outfit called the Veterans of America Foundation Inc.
out of Miami
that telephones people asking for contributions to help
veterans in the matters
of scholarships, drug and alcohol
rehabilitation, assistance for homeless and
disabled and resource and
identification and referral center.
According to something signed by an R.M. Rad, executive director,
of America Foundation Inc. was organized and operates
educational and scientific purposes. It is our goal
to foster, encourage and
promote the improvement, development of
growth, self-respect, self-confidence
and usefulness of veterans. The
foundation includes in its work those activities
that will lead to
the elimination of discrimination of veterans, the improvement
quality of life of veterans that are disabled.'
According, to records from the state of Florida, the Veterans of
Foundation Inc. is a legal non-profit operation: However,
before you send Rad
and Co. a penny, consider what a perusal of the
report filed with the state
Division of Consumer Services for the
year ending Dec. 31, 1999, turned up:
Total revenues/contributions were $599,952.
services costs were $29,273.
Fund-raising costs were $221,954.
expenses were $596,188.
What this adds up to is something that really stinks. This
outfit takes in
$599,952 and pays out $596,188 before a dime is
available for anything connected
One Heartland veteran who made a donation to VAF enacted his caller
discovered three phone numbers centered in south Florida. Far
be it from us to
suggest anything: illegal is afoot here, but if you
have the means and
the-desire to help veterans, we suggest you
contact any Heartland VFW, American
Legion or AmVets post. They will
certainly be glad to work with you.
As for the thought that a "boiler room" has targeted the Heartland
with its vast
veteran population, only a true skeptic would entertain
such a cynical thought."
The FDVA General Counsel has discussed
this editorial with the Division of
Consumer Services, which verified
the quoted figures as being accurate. It also
percentage breakdown: 57.9% administrative cost, 37.2% fund-raising
cost, and 4.9% program services cost.
The Division of Consumer services also provided the location of
in Miami, Tampa, Spring Hill, Sarasota, Port
Charlotte, Pompano Beach, Panama
City, Palm City, Orlando, Orange
Park, Melbourne, Lakeland, Jacksonville, Avon
Park, Daytona Beach,