We now know the third and final fee for the 2017 CFC: 16.5 percent. That’s the percentage of 2017 donations that will be withheld from each participating charity to cover campaign administrative costs. It's called the distribution fee. OPM announced it last Friday.
We still don’t know the amount raised in the 2017 campaign, but all indications are that the tally will be down sharply from the year before – perhaps by half. In 2016, the CFC raised about $167 million. Will 2017 drop below $100 million? Below $90 million? We fear so.
We also do not yet officially know the administrative cost for the 2017 campaign – or the amount raised through the first two fees that charities had to pay to participate in the CFC last year. Some money (about $11 million) went to the Central Campaign Administrator. Some went to the new Outreach Coordinators (about $7 million). OPM has still not told us how much was raised by fees 1 and 2 and how much by fee 3. We are likely to know soon.
So, the CFC now moves ahead to the 2018 cycle. Our hope, of course, is that the results will improve and that the government will be able to lower that third fee next winter.
We also do not yet officially know the administrative cost for the 2017 campaign – or the amount raised through the first two fees that charities had to pay to participate in the CFC last year. Some money (about $11 million) went to the Central Campaign Administrator. Some went to the new Outreach Coordinators (about $7 million). OPM has still not told us how much was raised by fees 1 and 2 and how much by fee 3. We are likely to know soon.
So, the CFC now moves ahead to the 2018 cycle. Our hope, of course, is that the results will improve and that the government will be able to lower that third fee next winter.
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