Friends of Toms
Rating: 2.5 stars 2 reviews
Issues: Health, International, Philanthropy
Location: 3025 Olympic Blvd Studio C Santa Monica CA 90904 USA
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1 person found this review helpful
At first, this idea was great. Not only did people get the shoes they needed, Toms got to write the money they donated off of their taxes and control exactly where that money went. The problem started at the end of 2010. They collected nearly $200k in 2009 then only $125k in 2010 (bad drop but not uncommon) but in 2011, they collected about $5k and donated essentially nothing. They have $125k in what they're calling "cash" assets that went no where. In the meantime, the Friends of Toms website has been taken down and every single mention of Friends of Toms has been removed from their website where it had previously been explained. What are they doing? Where will that money go? Why didn't it go to the place where it was advertised that it would go.
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