Basically, if you take a look at ALC 6, the Cost of Fundraising was 33.5%, meaning that about 66.5% of the money raised went to the Beneficiaries (either the LA Gay and Lesbian Center, or the SF AIDS Foundation).
What's great about this money, is that unlike a lot of the money received from the government, the Beneficiaries can use those funds the way they deem appropriate. Many times the money received from the government has to be used a specific way.
Money raised by all of us is money without any strings attached!