Russell Wilson Foundation reported its three largest programs on its FY 2019 Form 990 as: DONATIONS TO, AND RAISING PROGRAM AWARENESS FOR, FRIENDS OF THE CHILDREN. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. For a better experience, please enable JavaScript in your browser before proceeding. Those funds were raised, in large part, through the work of the foundation, but you would not see all of those dollars in the foundations tax documents.. russ stock hasn't been this low since he divorced his white wife. Honestly its insane they allow such large gaps between charity dollars to Staff. In 2021, the most recent year for which federal tax records are available, Why Not You reported $1.2 million in revenue and $1.2 million in expenses, including $340,000 spent on program services. Started by Wilson, Good Man Brand donates 3% of its purchases to the Why Not You Foundation to help feed communities and prepare people for careers. And you can definitely count him in the group of people claiming Patrick Mahomes to be the next big thing. The foundation also reportedly exaggerated how much money it was responsible for bringing in. Were going to keep getting better. Unlimited in a good spot. Copyright: RU Sport Private Limited. Sie knnen Ihre Einstellungen jederzeit ndern. Also Read: How much do NFL cheerleaders earn? He did not explain what context he believed to be missing or ask further questions when contacted by The Republic. DONATIONS TO, AND RAISING PROGRAM AWARENESS FOR, KING COUNTY LIBRARY SYSTEMS FOUNDATION. Denver Broncos quarterback Russell Wilson attempted to defend the financial practices of his nonprofit Why Not You Foundation by posting a selfie video on social media, three days after The Arizona Republic published a wide-ranging, five-part investigative story about the tax-exempt organizations founded by Walter Payton NFL Man of the Year award winners. With their generous donation, the program will change its name to Why Not You Academy. "It. Wilson's a two-sports athlete who has played in both the NFL and MLB. should be laws in place that charities have to reach a threshold of where at least 60% of dollars goes to charitable things. Please check your email for a confirmation. The charity hoax is still going strong. I am not surprised in the least. Mar 1 - Walt Disney speaks on "epidemic" crime.. Report: Investigation has found that #Broncos QB Russell Wilsons foundation has spent just 24.3 cents of every dollar on charitable activities in 2020 and 2021 combined. In the expenses of the foundation includes a six-figure . Still, the investigation by USA TODAY found that Wilson's organization reported it spent 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. Bear in mind that contributions to politicians can also be made through Political Action Committees. The NFLs Walter Payton Man of the Year award is a very big honor that is bestowed on NFL players. Here's why. The Russell Wilson Foundation, doing business as the Why Not You Foundation, was established in 2014. Read the IRS policies for compensation reporting, Source: IRS Form 990 (page 7), filing year 2019, Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. It has donated $836,000 to Seattle Childrens Hospital and the Seattle Childrens Hospital Foundation since its inception, according to tax records.. Talking about 24.3 cents to the dollar. #CallingAllJournalists, Benjamin Allbright, a host and reporter at the Broncos flagship radio station KOA 850 AM and 94.1 FM in Denver, downplayed the investigations findings on the air and told The Republic that unnamed local tax attorneys who had read the story said a severe amount of context was missing.. Form 990 federal tax returns from the nonprofit's inception through 2021 show it reported $7.5 million in revenue and $7 million in expenses during its first eight years of existence. According to the article of the $7MM in the foundation $2MM went to salaries, and $2MM went to other administrative costs. You are using an out of date browser. Those funds were raised, in large part, through the work of the foundation, but you would not see all of those dollars in the foundations tax documents.. Hes not stealing money. He moved to the Broncos ahead of the 2 The timing tracks: A month prior to the November share transfer, Musk tweeted that he'd donate $6 billion to the WFPif the organization could describe "exactly how $6B will solve world hunger.". The Republics project was also liked or shared on social media by Anquan Boldin, the 2015 Payton winner; Delanie Walker, a two-time Payton nominee; and the Players Coalition; among others. He partnered with Russell Investments for the "Invest with Russell" program through which he donated $3,000 to Wilson's charity foundation for every touchdown in 2013 and 2014. This overall score is calculated entirely from a single beacon score: 100% Accountability & Finance. And the Why Not You Foundation looks as bad as any. Reports: Broncos trade for Seahawks QB Russell Wilson From proceeds on a clothing line to auctioning off cleats, and more, Wilson has focused on children in underserved communities. That doesnt justify the salaries. riotous Member Oct 25, 2017 10,171 Seattle Feb 9, 2023 #53 Since it was around $8 million (maybe 10 since the report is a bit old) he will probably apologize and throw a few millions at reputable charities to square up. This includes the charitable drive headed by $165 million worth Wilson to donate to the Seattle Children's Hospital. How much do NFL cheerleaders earn? Wilson threw for 288 yards with five touchdowns as the Seahawks defeated the Patriots 35-30. "I'm just sick and tired of our guys getting SMASHED down there, SMASHED! Organizations are scored based on their Total Revenue Amount: Charity Navigator looks for the existence of a conflict of interest policy on the Form 990 as an accountability and transparency measure. The remaining $4.2 million has paid for fundraising, administrative and management expenses, including the salaries of three employees, who have received $1.9 million combined. But in the nonprofit space, no matter how talented you are, no matter how qualified you are, you are subject to those limits for comparable compensation., Tarpley's connection to both the foundation and as chief strategy officer for the Wilson family office (per his LinkedIn page) is also troubling because, as Morton explains: "It is absolutely, categorically illegal to have a nonprofit pay you to do work outside of supporting its charitable purposes, let alone furthering private interests.. Non-profits are full of wasteful administrative excess. The investigation revealed that Wilsons organization only spent 24.3 cents of every dollar donated to the foundation on charitable activities in 2020 and 2021. This includes the charitable drive headed by $165 million worth Wilson to donate to the Seattle Childrens Hospital. Girls high school basketball team forfeits a game because it refused to play against a team with a transgender player, Fox Leaders Wanted to Break From Trump but Struggled to Make It Happen, Not Going to Read That: White House Press Secretary Brushes Off DeSantis Op-Ed, Sean Payton: No one would have complained about Russell Wilsons private office if Broncos had won, Pete Carroll is good with Russell Wilson after report quarterback tried to get him fired, Seahawks coach Pete Carroll responds to report Russell Wilson tried to get him fired, Future site of new Russell neighborhood park. Simply enter the organization's name (Russell Wilson Foundation) or EIN (464784365) in the 'Search Term' field. Teamwork and making a difference will always come first. The Republics five-part series about the nonprofits founded by Payton award winners detailed far more than the revelations about the Why Not You Foundation, which went viral, and other star athletes reacted and shared the project on social media. "The Match," a golf competition that featured Tom Brady, Peyton Manning, Tiger Woods and Phil Mickelson, was filled with great shots, ribbing and good causes. Nonprofit organizations are tricky to sift through because of the transfer of funds between people and charities. Everybody else. Check out trending searches over the last 24 hours. How much a foundation give outs in a given year is not overly important - the money will go to charity eventually. Yeah is normal. I am not surprised in the least. There should absolutely be a law thats states x% has to actually go to the charity, with the other going to admin costs and such. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. Not that hard. just use the title from the article or from the source article? The nonprofit, which reported $1.2 million in annual expenses in 2020 and 21, spent nearly half its money in those years on employee compensation, which included more than $200,000 per year for an executive who also worked for Ciara and Russell Wilsons family office, which was not reported on tax records, the nonprofit confirmed. In total Russ' foundation received $7.5M in revenue in through 2021, but only reported $2.8M being passed on to any charitable activities. Why Not You spent more than $200,000 for an executive who also worked for the familys office, raising possible legal questions, according to non-profit experts. The Form 990 is a document that nonprofit organizations file with the IRS annually. Gtfoh with this sh*t. Why they don't bring that up. When the 2020 season started, Wilson wasted no time getting off to a hot start. Nonprofit compensation is based on the nonprofits own revenues, Morton said. For example: The nonprofit claims that its partnership with Safeway/Albertsons grocery stores has helped to raise more than $10 million for pediatric cancer research at Seattle Childrens Hospital. Jeff Mackesey . You know, for our Why Not You Foundation, over the past eight years, weve been so freakin blessed to meet so many amazing people, so many amazing kids along the way. His move from Seattle to Denver was supposed to be a fruitful one for him and the Broncos. Any way it goes, itll be interesting to see how Wilson deals with all this. The Denver Post https://www.denverpost.com/2023/02/09/russell-wilson-why-not-you-foundation-report/, The Seattle Times https://www.seattletimes.com/sports/seahawks/russell-wilsons-troublesome-year-continues-with-unflattering-details-about-his-charitable-foundation/, KIRO Newsradio https://mynorthwest.com/3815476/russell-wilson-foundation-there/, The Brock and Salk show in Seattle, featuring Brock Huard and Mike Salk, which interviewed Republic investigative reporter Jason Wolf. The Why Not You Foundation, by comparison, has never ended a year with $1 million in assets, according to tax records. In as far as misappropriation scandals go, having one or two 6-figure employees while still actually performing charitable donations is on the low end of the scale. The annual award, described by the NFL as its most prestigious honor, recognizes a player for excellence on and off the field, with an emphasis on community service and philanthropy. Charity Navigator looks to confirm on the Form 990 that the organization has this process in place as an accountability and transparency measure. This means the world to me, has meant the world to me and will forever mean the world to me, Wilson said to begin the video. And Ive just got to say something. I guess being unliiiiiimited doesn't extend to his charity work. DENVER Denver Broncos quarterback Russell Wilson spoke out for the first time Saturday on reports about how much money from his foundation actually goes to charity. Operating costs and all. When he is not wearing the Kansas Red and Gold, he can be spotted proudly sporting the Red and White of Manchester United, or the iconic Red Bull Blue. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. Less than half of the money $2.8 million, or 39.6 cents of every dollar spent has gone to charitable activities, all as grants to other nonprofits. Russell Wilson's charity only spent 24.3 cents of every dollar on charitable activities . Charity Navigator looks for the existence of a document retention and destruction policy per the Form 990 as an accountability and transparency measure. Last week, USA TODAY published a story on quarterback Russell Wilson's Why Not You Foundation. And with those partnerships weve been fortunate to be able to drive over $10-plus-millions of dollars for pediatric cancer and for education and for hunger prevention and so much more., We will always care more about impact than credit @WhyNotYouFdn https://t.co/B2nWmiSVCE pic.twitter.com/1dOsEAR1v7. According to federal tax records obtained by USA Today, the foundation spent $600,000 on charity and $1.1 million on employee salaries and benefits from 2020 to 2021. Unless he's just given up on his public image. 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