By now, you’ve probably heard — Bristol Palin, the unwed daughter of former VP candidate Sarah Palin, was paid $262,000 to help raise awareness for teen pregnancy prevention.
I don’t have a problem with the size of her paycheck.
But what has gone largely unreported is the fact The Candie’s Foundation paid Palin seven times more to be a spokesman than it donated to anti-teen pregnancy initiatives.
According to The Candie’s Foundation tax filing, the organization took in about $1.7 million in donations and only gave $35,000 to groups trying to lower teen pregnancy rates.
Forty-six percent of Candie’s total expenses — $573,000 — went to Palin. Only 6 percent went to anti-teen pregnancy programs.
About $165,000 was paid to ABC for TV advertising.
Candie’s was founded by Neil Cole, the CEO of Iconix Brand Group, makers of clothing you’ve heard of — London Fog, OP, Joe Boxer. He pulled in more than $9 million in 2010, according to the tax filing, so he can afford to pay people whatever he wants.