How the State is Destroying Private Charities

"Charities wind up chasing public contracts for programs designed by government bureaucrats, rather than responding to charitable directives generated by their community. FEGS appears to have bid so aggressively for contracts that it lost money on nearly three-quarters of the programs it ran. The nonprofit also used the borrowing power of the state and the collateral provided by government contracts to incur unwise obligations, including $14 million in future mortgage payments and $90 million in long-term operating leases."