Wilson can beat you in numerous ways. Wilson's foundation reported that it spent $600,000 on charity and $1.1 million on employee salaries and benefits from 2020 to 2021, according to federal tax records obtained by USA Today. The Broncos have bagged Sean Payton as their newest head coach. Donate items that are in good (or better) condition. Report: Investigation has found that #Broncos QB Russell Wilson's foundation has spent just 24.3 cents of every dollar on charitable activities in 2020 and 2021 combined. Go look up how much Brett favre has stolen i mean donated in these past few years. The charity hoax is still going strong. The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). quarterback Russell Wilson (3) watches as the closing seconds tick away during the second half against the Carolina Panthers at Bank of America Stadium. Those are the things that havent really been highlighted and talked about, but I just want to highlight those things.. . NFL players' philanthropy efforts often can bring challenges. This story was originally published on MyNorthwest.com. 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. Russell Wilson is struggling as a quarterback, but he's absolutely rolling when it comes to scamming donors to his charity. I am not surprised in the least. 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. I just gotta say something. Russell Wilson's charity only spent 24.3 cents of every dollar on charitable activities . The bigger issue here is Russell's charity, not my thread title, fwiw. Photo illustration: Mason Callejas/The Republic; photo: Charlie Riedel/Associated Press Russell Wilson made regular visits to Seattle Children's Hospital while he . He was named the starting quarterback for the Seahawks ahead of the regular season. Ryan Tarpley, the CEO of the foundation who also works for Ciara and Russell Wilsons family office, made more than $200,000 annually the past two years, while executive director Carly Young earned more than $150,000 annually. One of the foundations executives earns $200,000 a year, and he has also worked for Wilsons business ventures. They have to disclose their name and purpose. 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. . www.TheComeback.com is a sports fan website and is in no way affiliated with any professional sports team, league, or its Properties. 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. 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. In the expenses of the foundation includes a six-figure . While his poorly run charity IS an issue, it's straight clickbait using "STEALS" in the title. The largest sum, of $392,000 over the course of six years, went to the Fisher House Foundation, which supports families of veterans. should be laws in place that charities have to reach a threshold of where at least 60% of dollars goes to charitable things. of giving publicity and money before ing . 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.. Goods and Personal Property Some charities accept non-cash donations, such as clothing and household items. Share. 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.". I am not surprised in the least. His move from Seattle to Denver was supposed to be a fruitful one for him and the Broncos. The foundation also reportedly exaggerated how much money it was responsible for bringing in. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. if only 25% of all funding is whats left for the charity then it is FAILING. Were going to keep learning, we're going to keep growing, were going to keep getting better. Check back later to see if this organization has a rating history! In the expenses of the foundation includes a six-figure. While Tom Brady and Phil Mickelson play a charity golf match against Peyton Manning and Tiger Woods, Russell Wilson called into the broadcast to offer a wager- if any of the players hit their tee shot to within 12 feet of the hole on the par 3 16th, he would donate 100,000 meals. Why Not You Foundation executive director Shayla Tait released a written statement Wednesday that Wilson echoed almost exactly. This is a big deal not just because of the disparity between employee salaries and charitable contributions but also because of how much those top-level employees make relative to the industry. For a better experience, please enable JavaScript in your browser before proceeding. Donate. Phony, over the hill, and fraudulent. As of now, the charity has only given the hospital $836,000 in total. 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. This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990. This charity's score is 21%, earning it a Zero-Star rating. Bear in mind that contributions to politicians can also be made through Political Action Committees. Wilson and his wife were contacted by the program for money, and they were gladly willing to support. 18. Photo: Getty. The Comeback: Todays Top Sports Stories & Reactions. You must log in or register to reply here. He's totally a phony, so that his "philanthropic" organization follows suit is not in the least surprising. An Audit, Review, or Compilation provides important information about financial accountability and accuracy. ", "Watching both of them take batting practice the other day was exceptional.". So how did the nonprofit gain such acclaim? Rebecca Aguilar, the immediate past president of the Society of Professional Journalists, responded on Twitter: Mike that is not firing back by the foundation. Wilson threw for 288 yards with five touchdowns as the Seahawks defeated the Patriots 35-30. A decade or so ago it was an issue. Donation: $10,000 Along with his wife, Brandi, Washington Capitals goaltender Braden Holtby donated $5,000 to Black Lives Matter D.C. "It. As a rookie, he led the Seahawks to an 11-5 record and a trip to the playoffs. You cannot point to some hypothetical third-party involvement and say, We really raised $2 million, so this salary makes sense. No, you didnt. Its unclear how much helping the charity has actually done given that most of the money didnt go to charitable activities. With their generous donation, the program will change its name to Why Not You Academy. You can say, Oh, theyre super talented. Thats fine. These guidelines foster good record keeping procedures that promote data integrity. This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver. Over 98% of money donated goes directly to those in need. Russell Wilson Foundation has earned a 21% for the Accountability & Finance beacon. 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. Over the past eight years, only 39.6 cents of every dollar was spent on charity, per tax documents. A woman threw a house party with 65 men she matched with on Tinder and Hinge and connected with the man she's been dating for a year. He has made a strong case for the MVP during the 2020 season, and through seven games, the Seahawks have a 6-1 record. Their goal is to impact a billion lives with their work. "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. Wilsons organization reported it spent almost $600,000 benefiting charities in 2020 and 2021. The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s). But also, too, were going to keep serving. This site is for informational and entertainment purposes only. (BMF affiliation code: 3). "I'm just sick and tired of our guys getting SMASHED down there, SMASHED! The Arizona Republicrevealed a six-month investigation into former and current NFL players charities on Wednesday. We put in the work and we dont need the credit. If you wish to donate, please refresh the page. Oprahs nonprofit, a private foundation, reported $236 million in assets at end of 2019, the most recent tax return available on the IRS website. He moved to the Broncos ahead of the 2 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. Mark Wilson/Getty Images During their years in the White House, the Obamas donated over $1 million to various charities and 54% of the money donated went toward causes for children. Also Read: How much do NFL cheerleaders earn? This raises questions about the potential for excess benefit transactions and private inurement, a criminal abuse of power resulting in financial gain from a nonprofits resources, experts said. More pertinently, it notes that the salary and benefits expenses include more than $200,000 a year for an employee who also worked for Russell and Ciara Wilson's family office. Payton is a no-nonsense man, and he will hold Wilson accountable the same as he will everyone else. Serious questions were raised about the Why Not You Foundation when a six-month investigation by The USA TODAY Network was published. I am not surprised in the least. You are using an out of date browser. Zero is independent of family or outside financial ties to Wilson. 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. spent twice as much money on its employees as it contributed to charitable activities. 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. 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. 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. This is absurd. As of now, the charity has only given the hospital $836,000 in total. Wilson won the Walter Payton NFL Man of the Year award in 2020 in recognition of his charity work in the community. Wilson, the 2020 Payton award winner, did not refute any specific financial details in the report, which cited nonprofit legal and accounting experts who reviewed his organizations tax returns and raised concerns about the nonprofits inefficiency, high salaries relative to its annual expenses and free-for-all governance structure. Total Expense ( average of most recent three 990s ) lives with their donation... 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