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re: Wounded Warrior Project
Posted on 1/27/16 at 11:57 pm to GeauxxxTigers23
Posted on 1/27/16 at 11:57 pm to GeauxxxTigers23
quote:
I feel like you are a big enough liar to work for a major charity since you definitely didn't just "come across" an old W2 because this anti wounded warrior theme is all over the Internet right now. In fact, it's on 3 different boards on this very site.
Started by CBS News when they aired this report yesterday.
LINK
0
Posted on 1/27/16 at 11:58 pm to doclsu08
Non profits are very profitable
Posted on 1/28/16 at 12:36 am to RogerTheShrubber
quote:
Non profits are very profitable
Sure, but I don't believe it is as shady as people like to act. WWP had over $300M in revenue last year. I'm not sure why it is so surprising that they have highly-compensated individuals that are in charge of that kind of fundraising and administration of their programs. Hell, The American Red Cross had $2.9B in revenue in 2014 and it isn't even the biggest charity in the US.
Additionally, the vast majority of charities with sparkling "efficiency" marks are charities that either fund scholarships, such as Step Up for Students, or charities that provide funds for local agencies, such as Brother's Brother. With any other large corporation I'm sure there is some level of fraud and waste, but much of the outrage is over costs that are ultimately necessary.
Posted on 1/28/16 at 1:08 am to RogerTheShrubber
quote:
Non profits are very profitable
They have to pay people something in the same ballpark to what they're worth on an open market if they're going to actually build a charity that makes a difference. This isn't hard. Many (almost all, actually) of the same principles that apply to private businesses apply to charities, especially larger ones.
Like I said on the PT board, would you, as a board member of a charity and someone emotionally invested in the cause, rather have 90% of a ten million dollar market or 50% of a billion dollar market?
These sorts of management decisions aren't nearly that black and white.
Posted on 1/28/16 at 1:18 am to doclsu08
Posted on 1/28/16 at 1:41 am to Kcoyote
quote:
LINK
Watch this.
Brilliant. He expresses what I was trying to say much better than I was in many fewer words.
Marketing and advertising, market-compensated labor, calculated risk-taking, time-value of money, etc., etc. - it's frustrating that people like the OP think these basic business principles don't apply to non-profits just like they do for for-profits.
You need dynamic, aggressive, and unorthodox leadership to drive really good non-profits, just like you do for private shareholder businesses. No difference.
Posted on 1/28/16 at 1:51 am to AbuTheMonkey
Problem is those dynamic, unorthodox, and frankly downright smart individuals aren't likely to take a massive paycut (and yes the figures presented in OP are massive paycuts for for-profit CEOs) to run a non-profit in a way that will exponentiate growth.
Instead we get the bake-sale approach to non-profits, and bake-sale donations to boot.
Instead we get the bake-sale approach to non-profits, and bake-sale donations to boot.
Posted on 1/28/16 at 7:34 am to Bourre
quote:
Did you copy this talking point from somewhere? How did you just come across an old W2 for WWP without someone sending you the information?
I already said, one of my friends posted it on Facebook last night and I saw it there. He is a veteran who donates monthly to the organization.
Posted on 1/28/16 at 7:35 am to Bourre
quote:
Did you copy this talking point from somewhere? How did you just come across an old W2 for WWP without someone sending you the information?
I already said, one of my friends posted it on Facebook last night and I saw it there. He is a veteran who donates monthly to the organization.
Posted on 1/28/16 at 7:37 am to doclsu08
Actually cancelling my monthly donation today after watching story on tv and reading about it. I understand he runs it like a big corporation and the fundraising success speaks for itself. However, the lavish hotels and parties costing hundreds of k are inappropriate. Regular employees staying in $500/night rooms.
Posted on 1/28/16 at 9:39 am to doclsu08
quote:
I already said, one of my friends posted it on Facebook last night and I saw it there. He is a veteran who donates monthly to the organization.
I'm a veteran and "your friend" doesn't know what the frick they are talking about
Posted on 1/28/16 at 9:46 am to doclsu08
The problem isnt the wounded warrior project. The problem is the institution these veterans were injured under and their priority list that puts veterans under healthy demographics.
Posted on 1/28/16 at 9:54 am to doclsu08
WW is a pretty big enterprise with lots of public exposure, and senior executives really have to be on their game in order to:
a) Raise a hell of a lot of money
b) Make sure it gets spent according to plan
c) Stop fraud
d) Keep the company out of serious legal trouble
e) Obey all regulations, including employment, IRS, grants, etc.
f) Plus whatever else.
They took in over $300 million in revenues last year. Keeping on top of all that is a lot of work and requires legal expertise and enormous attention to detail. This holds true for any large company, profit or nonprofit.
Reasonable people can disagree over how much is too much, but they seem to be doing their jobs and should be paid accordingly. For the CEO to make nearly half a million for an enterprise that large isn't outrageous IMHO.
As a donor, I would pay more attention to the percentage of donations that go to their intended recipients than I would to how much the execs make.
a) Raise a hell of a lot of money
b) Make sure it gets spent according to plan
c) Stop fraud
d) Keep the company out of serious legal trouble
e) Obey all regulations, including employment, IRS, grants, etc.
f) Plus whatever else.
They took in over $300 million in revenues last year. Keeping on top of all that is a lot of work and requires legal expertise and enormous attention to detail. This holds true for any large company, profit or nonprofit.
Reasonable people can disagree over how much is too much, but they seem to be doing their jobs and should be paid accordingly. For the CEO to make nearly half a million for an enterprise that large isn't outrageous IMHO.
As a donor, I would pay more attention to the percentage of donations that go to their intended recipients than I would to how much the execs make.
Posted on 1/28/16 at 12:59 pm to doclsu08
I support them. That said I also support (more heavily ) Fisher House and SOWF (special operations warrior foundation ) where 100% of donations go the the wounded and their families
This post was edited on 4/30/16 at 1:52 pm
Posted on 1/28/16 at 6:23 pm to doclsu08
the USO is even worse.
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