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. Its unclear how much helping the charity has actually done given that most of the money didnt go to charitable activities. And thats what Im excited about, is for those partnerships, for those relationships, and for me and Ciara to continue to serve and to make a difference. Copyright 2020 www.TheComeback.com - All Rights Reserved - Trademarks used herein are property of their respective owners. Apple Podcasts|Spotify|Google Podcasts, Sign up for the Broncos Wire newsletter to get our top stories in your inbox every morning. spent twice as much money on its employees as it contributed to charitable activities. That is PR spin. This story was originally published on MyNorthwest.com. Learn more about our criteria and methodology. Citing a statement from Seattle Children's the partnership has led to more than $10 million in donations. The Form 990 is a document that nonprofit organizations file with the IRS annually. Any way it goes, itll be interesting to see how Wilson deals with all this. As a result, the Accountability & Finance score for Russell Wilson Foundation is outdated and the overall rating may not be representative of its current operations. russ stock hasn't been this low since he divorced his white wife. He moved to the Broncos ahead of the 2 just use the title from the article or from the source article? A Mechanical Engineering graduate, his debating stints from his college days have become part and parcel of his life. Why they don't bring that up. But, spent nearly twice as much, $1.1 million, on salaries and employee benefits, according to the report citing federal tax records. The charity hoax is still going strong. In total Russ' foundation received $7.5M in revenue in through 2021, but only reported $2.8M being passed on to any charitable activities. That doesnt justify the salaries. Probably throw a lot of fund raising parties where they don't raise a whole lot but spend a ton of money on planning. They have to disclose their name and purpose. In some cases, these amounts may include compensation from related organizations. Russell Wilson, formerly of the Seattle Seahawks, won this award in 2020, for his work alongside his charitable organization. Wilson can beat you in numerous ways. 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. The couple established the the Russell Wilson Foundation, colloquially known as the Why Not You Foundation, in 2014 with a mission to empower change in the world, one individual at a time and one child at a time.. As of now, the charity has only given the hospital $836,000 in total. 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. To do so, the Wilsons formed a 501(c)(3) tax-exempt organization to aid that fight. He captioned the post, We will always care more about impact than credit, and tagged his wife Ciara and the foundation they founded together in 2014. If Wilson really wanted to fire back, he wouldve talk to you, or the reporter who broke the story. Wilson took to social media on Saturday and shared a minute-long video that seemed to respond to the report. 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. Founded by athlete and entrepreneur, Russell Wilson. I am not surprised in the least. 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. But in the two years since then, the organization spent twice as much money on its employees as it contributed to charitable activities, according to a six-month investigation by USA Today. We want every single person who donates to understand that were always working to maximize the impact of your donation. While Wilson donated a whopping $2.6 million, his charity only made a contribution of $78,000. He is a big supporter of the community and wants to help out in any way possible. Wilson echoed the explanation of direct donations in an Instagram reel on Saturday. McKELWAY The Charity Organization . This is absurd. However, it seems his charity has not done much. The percentage each beacon contributes to the organizations overall rating depends on the number of beacons an organization has earned. The remaining $4.2 million go towards fundraising, administrative, and management activities. This means Wilson can expect some sharp changes in the building, which he cannot leave unnoticed. See the metrics below for more information. Learn more about the BMF on the IRS website, Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) (BMF foundation code: 15), Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). Please check with the charity directly for any questions you may have. #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.. Got to pay for those nepo-baby salaries somehow. In the expenses of the foundation includes a six-figure . In addition to celebrating the birth of his first grandson, Rakeem Michael Christmas, Jordan has now donated some $30 million over the last five years to activist projects, including $5 million. In the simplest of terms, that means the Why Not You Foundation spent 21.3 cents of every dollar on charitable activities in 2020 and 27.2 cents of every dollar on charitable activities in 2021. Broncos quarterback Russell Wilson and his wife Ciara sent a large donation to an online fundraiser originally started in 2020 by injuried Bills safety Damar Hamlin. The Republics series and its immediate fallout was covered by several news organizations, especially in Denver and Seattle, where Wilson has spent his NFL career. 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.. The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). You are using an out of date browser. However, less than half of all money raised by the foundation, $2.8 million, goes to charitable activities. If those grants are going to other sham nonprofit groups then in the end practically no money is actually getting to those in need. The top three executives in Why Not You account for $441,000 in expenses. Russell Wislon played for the Seattle Seahawks from 2012 to 2021. In the for-profit space, the sky is the limit. The difference is the difference. The 9News story included clear misunderstandings about the nonprofit sector, a mischaracterization of The Republics investigation and inaccurate information. You raised what your 990 says you raised. So, why not you?. But I just want to highlight those things right now because, because of those direct partnerships and relationships, that money going directly to those in need, immediate need, and its been an amazing journey to see the smiles on so many kids faces and so many peoples faces along the way. 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: Rating histories are available for a growing number of rated organizations. The NFL and NFL Players Association have yet to comment on the report. 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.". Honestly its insane they allow such large gaps between charity dollars to Staff. of giving publicity and money before ing . I think that they were paid appropriately based on their talent, experience, and the knowledge they were bringing to us, said Mark Rodgers, Wilsons attorney and sports agent, to USA Today. And Ive just got to say something. Profile of Russell Wilson's support for charities including Bill and Melinda Gates Foundation, Make-A-Wish Foundation, and Autism Speaks. This sounds like the Trump charity, where they spent donations paying employees and buying paintings for Trump to hang up in his office. He would visit Seattle Children's Hospital weekly, and even if some of his foundation's practices are in question, he still raised and donated a substantial amount of cash toward charity. Russ is one of the biggest phonies in public life - guy stinks. No where in there does the word steal appear. The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters. Kenny Dichter, CEO and founder of the private jet company, said he was inspired by NFL stars J.J. Watt and Russell Wilson's donations of one million meals each to Feeding America, a nonprofit . 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. Click here to search for this organization's Forms 990 on the IRS website (if any are available). $ 10 million in donations the Trump charity, where they how much money has russell wilson donated to charity n't raise a whole lot spend. Given that most of the money didnt go to charitable activities explanation of direct donations in an Instagram reel Saturday. 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