pic by brent and marilynn

Honorably served and deserving of the support the money was intended to give. However, some organizations fail to meet their mission and should be terminated.

The National Veterans Business Development Corporation was created in 2001 as a nonprofit by congress to help veterans start and expand small businesses.  It has received over 17 million dollars from the federal government to date.

What has it accomplished to date?  Very little related to its goals.  A recent Senate report shows no audit since 2006, salaries far higher than the typical compensation, lack of board oversight, fund raising expenses in 2007 of $240,000 to raise $64,000, spending on programs not related to the mission and expenses not shown to be linked to any program.  According to the Senate report the organization states that it is not required to have an Audit.

I agree with the Veterans of Foreign Wars that this organization needs to no longer receive federal funds.  I would go further and say that THE TIME HAS COME FOR
National Veterans Business Development Corporation TO GO OUT OF BUSINESS.

Do not donate to this organization.  There are many others that will do a better job.  Check out Guidestar for a veterans group close to you.