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Russell Wilson's charity only spent 24.3 cents of every dollar on charitable activities
Posted on 2/9/23 at 11:17 am
Posted on 2/9/23 at 11:17 am
LINK
quote:
Twenty-three of the past 26 NFL Man of the Year award winners have founded a nonprofit organization since the accolade was named in honor of Payton, the 1977 recipient, shortly after his death in 1999.
A six-month investigation by The USA TODAY Network into nonprofits founded by Payton award winners found that Wilson’s organization reported it spent almost $600,000 — or just 24.3 cents of every dollar — on charitable activities in 2020 and 2021 combined and nearly twice as much, $1.1 million, on salaries and employee benefits in that span, according to federal tax records.
This includes more than $200,000 a year for an executive who also worked for Ciara and Russell Wilson’s family office, the nonprofit confirmed, which raises questions about excess benefit transactions, private inurement and the organization’s “free-for-all” governance structure, nonprofit experts said.
Posted on 2/9/23 at 11:19 am to HeLeakin
And that probably exceeds the average rate for athlete "charities"
Posted on 2/9/23 at 11:19 am to HeLeakin
The Shaun King of quarterbacks except there’s already a former quarterback named Shaun King
Posted on 2/9/23 at 11:19 am to HeLeakin
This is why when businesses ask you to “round up for charity” you should always say no
Posted on 2/9/23 at 11:20 am to ProjectP2294
quote:
And that probably exceeds the average rate for athlete "charities"
I've read the average is 60-70% for all charities, so this looks pretty bad.
Posted on 2/9/23 at 11:23 am to HeLeakin
quote:
Russell Wilson's charity only spent 24.3 cents of every dollar on charitable activities
This is not unusual for charities, sadly.
Posted on 2/9/23 at 11:24 am to ProjectP2294
quote:
And that probably exceeds the average rate for athlete "charities"
Heard a piece on this the other day comparing Wilson's charity to Bradley Chubb's, John Fox's, Von Miller's, and a few more. They were all in the 70-98% range while Wilson's was 24%. Real bad look.
Posted on 2/9/23 at 11:25 am to Gifman
Good charities try to do at least 80%
Posted on 2/9/23 at 11:26 am to HeLeakin
quote:
Russell Wilson's charity only spent 24.3 cents of every dollar on charitable activities
Mr. Limited
Posted on 2/9/23 at 11:27 am to HeLeakin
Similar to most charities.
Posted on 2/9/23 at 11:41 am to HeLeakin
Sadly, this is par for the course.....and perhaps even better than most of these type of charities.
Posted on 2/9/23 at 11:47 am to HeLeakin
That’s just capitalism, baby.
Posted on 2/9/23 at 12:00 pm to HeLeakin
When Russell signed with Denver, all the Safeways in the Denver area had a popup on the checkout screen asking if you wanted to donate to his charity. It felt gross at the time. Turns out that gut feeling was right.
Posted on 2/9/23 at 12:04 pm to HeLeakin
Meanwhile Drew Brees donated 10 million dollars of his money to Louisiana his final year before retirement and this board continues to shite on him
“But muh politics and he bent the knee”
Yeah let me know when you’re willing to donate almost half your salary…
“But muh politics and he bent the knee”
Yeah let me know when you’re willing to donate almost half your salary…
Posted on 2/9/23 at 12:08 pm to HeLeakin
This is why my family never donates to these charities.
Before I get crucified, we find these group homes or shelters in 3rd world countries (for my parents it's Vietnam their home country), do our research, and when we visit there (or friends that do) - we either donate or buy the food/supplies ourselves. frick these scum "executives"
Before I get crucified, we find these group homes or shelters in 3rd world countries (for my parents it's Vietnam their home country), do our research, and when we visit there (or friends that do) - we either donate or buy the food/supplies ourselves. frick these scum "executives"
Posted on 2/9/23 at 12:35 pm to HeLeakin
I don’t think Russ is a bad guy. [
quote]an executive who also worked for Ciara[/quote]
But you know he’s carrying a boatload of overhead.
quote]an executive who also worked for Ciara[/quote]
But you know he’s carrying a boatload of overhead.
Posted on 2/9/23 at 12:40 pm to idlewatcher
quote:
and perhaps even better than most of these type of charities.
Why even say this when you clearly have no clue
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