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| Name | Why The American Red Cross Sells Blood For Billions |
| Video Uploader | Video From CNBC |
| Upload Date | This Video Uploaded At 27-11-2023 17:00:14 |
| Video Discription | It’s the season of giving with Thanksgiving and Christmas on the horizon, and the American Red Cross has long been recognized as the universal symbol of humanitarian services. It’s an enormous and expensive operation. The American Red Cross has about 230 chapters nationwide with almost 18,000 employees and more than a quarter of a million volunteers, responding to more than 60,000 disasters every year. In 2022, the American Red Cross had net assets of about $2.7 billion and spent just over $3 billion in operating expenses the same year. So how exactly does the American Red Cross make and spend its billions? Chapters: 01:35 American Red Cross 03:32 Finances 07:44 Transparency Produced by: Juhohn Lee Edited by: Nora Rappaport Animation: Andrea Schmitz Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images, American Red Cross, Library of Congress Additional Sources: Nobel Prize, United States House of Representatives, Congressional Research Service » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC Why The American Red Cross Sells Blood For Billions [N8LRBKcK3fs] |
| Category | News & Politics |
| Tags | giving tuesday | charity | donation | red cross | american red cross | thanksgiving | christmas | natural disaster | FEMA | U.S. Military | hurricanes | floods | wildfires | blood donation | blood | blood business | nonprofit | biomedical services | transparency | Chuck Grassley | donating blood | donate blood | selling blood | donations | disaster relief | red cross society | cnbc | cnbc originals | finance | donate blood process | CNBC | CNBC original | business | business news | financial news | stocks | investing | economy |
