Russell Wilson’s Why Not You foundation raises millions—but less than half of those funds end up going to charity, a new investigation by USA Today revealed.
Russell Wilson’s Why Not You foundation raises millions—but less than half of those funds end up going to charity, arevealed. The foundation, established in 2014, is dedicated to battling food insecurity and providing educational opportunities for children. The company reported $7.5 million in revenue and $7 million in expenses, according to Form 990 federal tax returns through 2021, and only $2.8 million went to charity. $4.
2 million in expenses were spent on fundraising and administrative and management expenses—including $1.9 million to pay just three employees. Nonprofit experts have called into question the foundation’s spending and conflicts of interest with the board of trustees. “A board can’t do its job if it’s not independent,” Laurie Styron, the executive director of independent watchdog group CharityWatch, said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Report: Practices of Russell Wilson’s foundation in questionWilson’s organization reported it spent almost $600,000 benefiting charities in 2020 and 2021. But, spent nearly twice as much, $1.1 million, on salaries and employee benefits, according to the report citing federal tax records.
Read more »
Lakers, Wolves, Jazz Discuss D'Angelo Russell, Mike Conley, Russell Westbrook Three-Way TradeLakers, Wolves, Jazz Discuss D'Angelo Russell, Mike Conley, Russell Westbrook Three-Way Trade - RealGM Wiretap
Read more »
Russell Westbrook to Jazz, D'Angelo Russell to Lakers in reported 3-team tradeThe Los Angeles Lakers, Utah Jazz and Minnesota Timberwolves are all swapping point guards and more in a reported three-team trade, according to ESPN's Adrian Wojnarowski.
Read more »
Lakers trade Russell Westbrook, acquire D’Angelo Russell, 2 others in 3-team dealThe Lakers alter their roster significantly in a trade with Utah and Minnesota that also brings guard Malik Beasley and forward Jarred Vanderbilt to L.A., addressing some of the shooting issues tha…
Read more »
Lakers trade Russell Westbrook for D’Angelo Russell in three-team dealThe Westbrook era comes to an end with the Lakers as they reunite with their former first-round pick. Mike Conley will head to Minnesota as part of the trade.
Read more »
San Diego Foundation receives $100 million from estate of Jay KahnICYMI on KPBS Midday Edition: The San Diego Foundation day received $100 million on Feb. 2, 2023, from the estate of the late local entrepreneur Jay Kahn, the largest gift of its kind ever given to a San Diego nonprofit.
Read more »