In the News – Locks of Love Could Be Missing Hair

Snippet from the article:

Hold onto your ponytails: A new report alleges that Locks of Love — a well-known charity that makes wigs for children suffering from medical hair loss — has disclosure inadequacies that could total up to $6 million annually.

Locks of Love reportedly receives around 104,000 hair donations per year to make “hair prosthetics,” according to the report by Nonprofit Investor, an organization that evaluates charities. That should be enough to produce around 2,080 hairpieces, taking into account that 80% of donated hair can’t be used (too short, gray, or bleached), and that it takes six to 10 donations to make a Locks of Love wig.

But in 2011, Locks of Love made just 317 of its custom-fitted wigs, according to Nonprofit Investor.

Read the rest — REPORT: $6 Million Worth Of Hair Donations To Locks Of Love Have Gone Missing