United Way of King County raises $103 million
July 25, 2012
NEW — 6 a.m. July 25, 2012
United Way of King County raised more than any other United Way organization in the United States — $103 million — leaders announced Tuesday.
The nonprofit organization received $34.1 million in direct donations on behalf of donors for efforts to end homelessness, meet people’s basic needs and give children better opportunities to succeed.
“The people and businesses of King County have long established a culture of giving back to the community, and it’s that sustained giving in our region that has enabled United Way and its partners to build the capacity of our community to take care of those in need, despite the challenging economy,” fundraising leader Roy Whitehead, Washington Federal president and CEO, said in a statement.
The organization benefited from particularly strong fundraising support from Virginia Mason Hospital & Medical Center, The Seattle Times and Russell Investments.
“People want to know that they are making a smart investment with their donations of both time and dollars,” Jon Fine, United Way of King County president and CEO, said in a statement. “Thanks to our efficiency and an operating endowment started by the Gates family, 98 cents of every dollar donated goes direct to community needs.”