There are approximately 400,000 births a year in California. One quarter is 100,000.
The cheapest box of 100 diapers at Walmart (retail) is $20. Four boxes is $80 or $8 million.
Baby2Baby isn’t paying retail. 50-100% mark up is $6 million or $4 million.
The difference of $2-3.5 million goes to “operations.” Minimum 50% recovery rate.
Baby2Baby’s revenue, expenses, and liabilities spike in election years. Its board are Hollywood actresses, many with connections to Gavin Newsom.
This is at best a mutually supportive fundraising organization for “pink issues.”Same social circles. California shouldn’t have a 10% stake in any “non-profit.”
California families welcoming newborns will soon receive hundreds of free diapers before leaving the hospital under a first-in-the-nation program Gov. Newsom is announcing Friday in San Francisco. In the program’s first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, but it will then expand.
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