Where Does $100 to the Navy-Marine Corps Relief Society Go?
The Navy-Marine Corps Relief Society (NMCRS) primarily provides financial assistance (interest free loans and grants) to members (and their families) of the Naval Service although the organization also provides educational and other assistance. Established in 1904, NMCRS is based in Arlington, Virginia.
In the most recent years (2015 and 2016) the organization raised about $23 million a year and spent about $29 million – about $6 million more than they raised – which was partially offset by unrealized gains on investments and changes in pension-related charges. Consequently, NMCRS maintained a net fund balance of $96 million from year-to-year.
Given that NMCRS brings in about $23 million a year and spends about $29 million annually, it is surprising to learn that the organization only gave $2.5 million (about 11% of revenue) out in grants in 2016. So where was the rest of the revenue spent? The Form 990 (2016) submitted to the IRS reports revenue was spent as follows: Read more 
Executive Compensation at the Entertainment Industry Foundation
The Entertainment Industry Foundation (EIF) is a non-profit 501 (c) (3) that is primarily engaged in raising funds and making grants: two functions that greatly depend on the ability of individuals to raise money and to review grant requests.
EIF raised about $60 million in 2016 and spent about $18 million or $31 out of every $100 raised on program, management, and fundraising. The remainder was spent on grants – many to organizations that make grants which can further dilute a donation made to EIF because program, management, and fundraising costs are deducted by both organizations before grants reach the intended program or research. Read more
Where Does $100 to the Entertainment Industry Foundation Go?
The Oscar buzz is front and center in the news media so it seems only natural to address philanthropy within the entertainment industry. The Entertainment Industry Foundation is a 501 (c) (3) based in Los Angeles, California whose mission is to coordinate the philanthropy of the entertainment industry.
Established more than 75 years ago in 1942, the Entertainment Industry Foundation (EIF) is primarily engaged in raising funds and making grants and has been referred to as the “United Way of the entertainment industry” by some. So, the questions of interest include: Read more
Executive Compensation at Susan G Komen
The Susan G Komen organization is not just one organization managed by a small group of executives but two organizations:
- the Foundation (The Susan G Women Breast Cancer Foundation, Inc) which is often referred to as the “parent” organization since it is largely supported by the local affiliates (76 in the US and 1 International affiliate that give approximately 25% of the net funds raised to support the Foundation) along with contributions through fundraising; and
- the Group (The Susan G Komen Breast Cancer Foundation, Group) which is the 77 affiliates that conduct more than 300 fundraising events annually. Both organizations are 501 (c) (3)’s and are based out of the same office in Dallas, Texas. Read more
Where Does $100 to Goodwill Industries of NW North Carolina Go?
Goodwill Industries of NW North Carolina (GINWNC) is one of 161 independent Goodwill organizations that supports Goodwill Industries Worldwide (GIW) – the executive management organization that oversees all Goodwill organizations. Established in 1926, GINWNC is a non-profit 501 (c) 3 that uses the sale of donated items in their stores to fund employment and training programs that “help people find hope, opportunity, and jobs.”
Based in Winston-Salem, NC, GINWNC covers six counties geographically – Buncombe, Forsyth, Catawba, Davidson, Iredell, and Rowan – with 102 donation centers and 47 retail stores. Read more
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