Re: The Herald's Aug. 3 story on CEO of troubled cancer foundation,
Why would a person buy a charity? Because it is very profitable. A charity is started because of a need.
I would like to know if there is anyone out there throughout Manatee-Sarasota counties who got emotional or psychological help from The Center for Building Hope of which Mr. Carl Ritter was CEO. Mr. Ritter bought the Brides Against Breast Cancer charity for $500,000. He owes Gulf Coast Community Foundation $500,000 for the loan.
These so-called charitable organizations are really getting creative with their names. My opinion is they are really just a front to prey upon innocent and honest hard-working people for dollars to fill their deep pockets.
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Mr. Ritter also is a partner in Sarasota Finance Management. According to an Aug. 7 article, Mr. Ritter's salary and compensation amounted to $335,291 while heading up the Center for Building Hope while he was CEO.
Listen up, folks; quit giving to these phonies. This has been going on for years. Finance managing, really? Other people's hard-earned, honest money for their own selfishness. Take me off your telemarketing list.