The Bono nonprofit (One) took in $14,993,873 in public donations in 2008, the latest year for which tax records are available.

Fourteen million dollars. Blimey, that's a lot of cash. That'll help with the whole eradicating poverty and fighting Aids battle, right?

Of that, $184,732 was distributed to three charities, according to the IRS filing.

Hang on a moment... what? That's about one per cent of the total. Really?

Meanwhile, more than $8 million was spent on executive and employee salaries.

The rest seems to have been pissed away on press packs and marketing