I hate to say it but when I first discovered IH I remember reading up on it and I could swear that it said 10%. I know the % was very minimal because I actually got upset a little bit being a veteran and all. I thought that a kick-ass company like O would be able to do better than that. It's small but way more than what the gov does. And I tried looking the other day again to find the % and I couldn't find anything. Ok I'm off my soap-box! - JP
Just got finished with some reasearch on charitable organizations and of course IH was the first one to pop to mind. All I could find on accounting is the IRS records that IH has on the website. After debt and liabilities, between 2011-2013 they accrued a net of $2,702,157 (nothing was available for 2014 & 2015). As of the 2014 "Heroes of the Stage" concert, IH claims to have provided nearly $2,000,000.00 in charitable grants. Not knowing exactly how close 'nearly' is to $2 million, for the sake of argument i'll say $1.75 million which leaves $952,157 left over. Assuming I looked at the right numbers and added correctly (probably not) and assuming there were no other expenses or liabilities, this adds up to about 65% of net funds that were distributed.
The only caveat I will add was that the documents I looked at made no distinction between what IH received from Oakley's IH series collection and all other donations coming into IH.
You would be correct in that most big organizations have a pretty abysmal track record of donations which is usually 10% or less from the total donation pool. I'll admit that 65% is pretty high which is why I think I screwed something up. It was also curious of how hard a time I had finding dates and numbers to go with all the statements I found. That is usually a red flag but i'm rolling with it anyway. Fingers crossed.