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. Wilson put together an impressive performance duringhis rookie year. JavaScript is disabled. 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.. Check back later to see if this organization has a rating history! re: Russell Wilson's charity only spent 24.3 cents of every dollar on charitable activities Posted on 2/9/23 at 2:06 pm to HeLeakin quote: reported it spent almost $600,000 or just 24.3 cents of every dollar on charitable activities in 2020 and 2021 quote: https://broncoswire.usatoday.com/2023/02/12/denver-broncos-russell-wilson-charity-giving-why-not-you-foundation/, Your California Privacy Rights/Privacy Policy. "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. The story was also covered by the Denver Post, Seattle Times and KIRO Newsradio in Seattle. Wolf went on to write that nearly twice as much, $1.1 million, went toward salaries and employee benefits at the foundation. However, his wealth has grown even faster than he has donated money. Started in 2016, the Brand's website says it wanted to create a fashion brand more focused on making a difference. Wilson built a Hall of Fame on-field resume during his 10-year run with the Seahawks from 2012-2021, earning nine Pro Bowl selections, reaching two Super Bowls and winning one of them. Millions of dollars in funds raised by the Why Not You Foundation go through our partners who can deliver that money where it is needed more directly, Pickett wrote in a statement to USA Today. Also Read: Super Bowl LVII Official Merchandise: When, Where & How To Buy? 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. He's totally a phony, so that his "philanthropic" organization follows suit is not in the least surprising. We put in the work and we dont need the credit. According to Jason Wolf, Wilsons charity spends more on its salaries, than it does on its charitable work. But to bring a rail- cannot hurt . 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. 2 Alabama mounts massive comeback amid ejections to beat Auburn, claim SEC title, Ravens GM says he's 'optimistic' team can get a deal done with QB Lamar Jackson, Add Anthony Davis (foot) to Lakers' injury woes; AD, LeBron and DLo all out tonight, Aaron Rodgers offers vague update on his NFL future: 'All the answers are right inside me'. 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. Payton is a no-nonsense man, and he will hold Wilson accountable the same as he will everyone else. Russell Wilson Foundation has earned a 21% for the Accountability & Finance beacon. 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. An important part of how a nonprofit justifies its existence is by quantifying what it is accomplishing relative to the resources it receives, Laurie Styron, the executive director said. The nonprofit space is governed by fair market value, Morton said. NFL players' philanthropy efforts often can bring challenges. A lot of charities are guilty of this fwiw and why are you placing steal in the headline when the article itself doesnt have that. We recognize that not all metrics and beacons equally predict a charitys success. You're faster than our page! With their generous donation, the program will change its name to Why Not You Academy. No one knows if Payton will push Wilson to a breaking point and if Wilson himself will eventually decide hes not good enough to play anymore. The Russell Wilson Foundation, which does business as the Why Not You Foundation, 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. Maybe even 80%. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. Early in the season, he set an NFL record for most passing touchdowns through three games with 14. The foundations Chief Financial Officer, Scott Pickett, says, Millions of dollars in funds raised by the Why Not You Foundation go through our partners who can deliver that money where it is needed more directly. Walter Payton NFL Man of the Year award: The league's top honor, Russell and Ciara Wilson's foundation director fires back against report, https://www.denverpost.com/2023/02/09/russell-wilson-why-not-you-foundation-report/, https://www.seattletimes.com/sports/seahawks/russell-wilsons-troublesome-year-continues-with-unflattering-details-about-his-charitable-foundation/, https://mynorthwest.com/3815476/russell-wilson-foundation-there/, https://omny.fm/shows/brock-and-salk/hour-2-87?in_playlist=podcast, whose nonprofit Watt Foundation raised nearly $42 million for Hurricane Harvey relief in 2017, This is something that we are extremely proud of, Your California Privacy Rights/Privacy Policy. Over 98% of money donated goes directly to those in need. As per Celebrity Net Worth, Russell Wilson has a net worth of $135 million. latest . He is one of the highest-paid athletes in the world. The Why Not You Foundation essentially spent 21.3 cents of every dollar on charitable activities in 2020 and 27.2 cents of every dollar on charitable activities in 2021. Wilson echoed the explanation of direct donations in an Instagram reel on Saturday. You raised what your 990 says you raised. This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies. I am not surprised in the least. Russell Wilsons Why Not You Foundation raises millions of dollars, but according to a six-month USA Today investigation, less than half goes to charity. 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 . The issue, as USA Today's investigation explains, is that the Why Not You Foundation claims it needs to pay its employees so much despite underwhelming revenue because of its connection to other partners. We want every single person who donates to understand that were always working to maximize the impact of your donation. @JasonWolf exposed the truth. However, whether that will actually help Wilson get better is still a question that remains unanswered. But Andrew Morton, a nonprofit oversight attorney, told USA Today that he thinks there is a high probability the IRS could penalize the foundation for excessive benefits. Rebecca Aguilar, the immediate past president of the Society of Professional Journalists, responded on Twitter: Mike that is not firing back by the foundation. The GAVI Campaign - $375,000,000 The couple used their celebrity to battle food insecurity, expand educational opportunities and promote social justice and racial equality, according to Yahoo! Donate items that are in good (or better) condition. In the story, The Arizona Republic 's Jason Wolf detailed how Wilson's 501 (c) (3) tax-exempt. You can say, Oh, theyre super talented. Thats fine. spent twice as much money on its employees as it contributed to charitable activities. Of course, but since your title mischaracterizes the issue, its going to be a topic. An Audit, Review, or Compilation provides important information about financial accountability and accuracy. Please check your email for a confirmation. He moved to the Broncos ahead of the 2 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. Often times, funds that WNYF raises with our partners are donated from those partners DIRECTLY to people and orgs with immediate needs, Wilson wrote on his Instagram page. Hes only missed the playoffs once throughout his career and hes established himself as a leader on the field. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement. Charity Navigator looks for at least 3 board members, with more than 50% of those members identified as independent (not salaried). That's better than nothing. This site is for informational and entertainment purposes only. He did not explain what context he believed to be missing or ask further questions when contacted by The Republic. Denver Broncos quarterback Russell Wilson won the Walter Payton NFL Man of the Year award in 2020 partly because of his Why Not You Foundation. This means the world to me, has meant the world to me and will forever mean the world to me, Wilson said in a video statement posted to social media on Feb. 11. Everybody else. USA Today concluded it's because the Why Not You Foundation boasts its charitable partnerships with other organizations rather than its own contributions. Watchdog groups expect efficient nonprofits to spend at least 65 cents to 75 cents of every dollar on charitable activities. But 2019 tax records show the foundation donated only $78,000 while the Invitational cost $860,000. Nonprofit compensation is based on the nonprofits own revenues, Morton said. wide-ranging, five-part investigative story, spent nearly half its money in those years on employee compensation. The Arizona Republic revealed a six-month investigation into former and current NFL players' charities on Wednesday. Yeah is normal. For our Why Not You foundation over the past eight years weve been so freaking blessed to meet so many amazing people, so many amazing kids along the way and to be able to also partner with some amazing brands.". In the expenses of the foundation includes a six-figure. CharityWatch, the only independent charity watchdog group in the country, said top executives salaries do not align with how much Why Not You generates. Do they even make the minimum wage? The charity hoax is still going strong. He has made a strong case for the MVP during the 2020 season, and through seven games, the Seahawks have a 6-1 record. News. We leverage finance and accountability data from it to form Encompass ratings. In the expenses of the foundation includes a six-figure . These guidelines foster good record keeping procedures that promote data integrity. 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. https://lnkd.in/gRR3xX-B LinkedIn. The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990). Russell Wilsons foundation raises millions, a quarter of it goes to charity. The 9News story included clear misunderstandings about the nonprofit sector, a mischaracterization of The Republics investigation and inaccurate information. Brey celebrates last Notre Dame home game with shot of whiskey at South Bend dive bar, No. But, spent nearly twice as much, $1.1 million, on salaries and employee benefits, according to the report citing federal tax records. Seattle Seahawks star quarterback Russell Wilson and his wife Ciara recently made a generous donation to a local school in Seattle, Washington. The Broncos have bagged Sean Payton as their newest head coach. While hes been off to a terrific season, Wilson is making an impact off the field. Thank you to my mom, our board and all of our incredible volunteers for making this possible.. Some people are upset at the way iPhones charge. The findings of this investigation do not put Why Not You, and by extension Russell Wilson, in a good light. Check out trending searches over the last 24 hours. A six-figure compensation for a close friend of Russell and Ciara Wilson who works for the charity is included in the organization's costs, but digging further reveals more. Give the page a little longer to finish The Kids Wish Network, tied for lowest-rated on the Times and CIR's list, has paid nearly $110 million to corporate solicitors and another $4.8 million to its founder and his own consulting . He's generous in supporting with monetary donations, which is appreciated and needed, but Russell spends a lot of time personally visiting the Seattle Children's Hospital and spending time with the young patients there. 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. Wilson, in his video statement, continued to tout the impact of third-party fundraising by partner organizations, which nonprofit experts said does not justify the Why Not You Foundations salaries. This database includes Federal Election Commission records of receipts from all individuals who contribute at least $200 (smaller contributions are not part of the public record). He has given more than $50 billion to charity since 1994. . #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.. If the problem persists contact us. Foundation" had only donated approximately 40 percent of its earnings to charity, In the for-profit space, the sky is the limit. The NFL and NFL Players Association have yet to comment on the report. The Republic's sports investigative reporter Jason Wolf speaks with Charity Watch's Laurie Styron about issues that can arise when the NFL's most-honored players start their own charity nonprofits. 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. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Russell Wilson is an American professional football player who has a net worth of $165 million. In a win over the Falcons, Wilson went 31-of-35 for 322 passing yards and four passing touchdowns. The couple donated another $5,000 to the Leadership. 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