The idea of the panhandler booklet was interesting. Something tells me that if you bought one of those and tried to hand them out to panhandlers they would either toss them on the ground or not accept them at all (probably coupled with some curing in your direction)
You're absolutely correct. About 10 years ago, Channel 4 or 5 (KFOR or KOCO, OKC, respectively) did a report about these booklets, or at least a similar idea, back when the idea had first come about, I guess.
They took 100 booklets and tried to hand them out to random panhandlers across the metro. I can't recall specific numbers, but I'm in the ballpark when I say that they reported something like less than 10% of these panhandlers accepted the booklets and of those accepted, only something like 3 or 5% of the coupons were redeemed.