Black Charity Sits on Katrina Cash

If you have yet to hear,

A Bush bashing African American charity has yet to give out cash,

it collected for Katrina!

I am sure Kanye West will flip!

The Congressional Black Caucus Foundation CBCF then launched its own relief fund on Sept. 21, with a stated goal of raising $1 million to help Gulf Coast residents rebuild their lives.

As Cybercast News Service previously reported, the CBCF claimed immediate success, telling reporters on Sept. 21 that it had already received $700,000 in corporate pledges.

But on Wednesday, exactly three months after the news conference launching the CBCF relief fund, Rice told Cybercast News Service that the Foundation has actually raised “somewhere in the neighborhood of $350 to $400,000.”

She added that the distribution of the money would not begin until January or February of 2006 at the earliest

The Congressional Black Caucus Foundation, which slammed the Bush administration for its allegedly slow and racially insensitive response to Hurricane Katrina, has yet to spend any of the estimated $400,000 that it raised for the victims of the Aug. 29 storm.

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http://lashawnbarber.com/archives/2005/12/22/congressionalblackcaucus/