12 Things I Wish I Knew About Non-Profits When I Was 20
Most people want to help others and in the US, that help is often made through donations to non-profits – organizations that are tax-exempt because they are deemed altruistic. But, non-profits are a big business in the United States with an estimated $500 billion in donations made annually to more than 1.5 million organizations that employe an estimated 15 million employees. Read more 
Executive Compensation at United Way (2021)
United Way is one of the most recognizable charitable organizations in the United States and throughout the world. In the United States, “United Way” generally refers to United Way Worldwide (formerly United Way of America) and/or one of the 1,100 local offices in 37 countries and territories that operate as separate 501 (c) (3)’s.
United Way Worldwide is the leadership and support organization for the whole United Way network. Each organization collects funds and makes grants to local organizations, and also contributes a portion of the revenue collected to United Way Worldwide to support oversight operations. Read more
Where Does $100 to United Way Go (2021)?
United Way is one of the most recognizable charitable organizations in the United States and throughout the world. In the United States, “United Way” generally refers to United Way Worldwide (formerly United Way of America) and/or one of the 1,100 local offices in 37 countries and territories that operate as separate 501 (c) (3)’s.
United Way Worldwide is the leadership and support organization for the whole United Way network. Each organization collects funds and makes grants to local organizations, and also contributes a portion of the revenue collected to United Way Worldwide to support oversight operations. Read more
Executive Compensation at Harvard Management (2022)
Harvard Management Company (Harvard Management) provides investment management services to Harvard, a private university with more than $60 billion in net assets. Consequently, revenue comes from Harvard to pay the expenses associated with managing Harvard Management (most of which is compensation and fees for outside services).
To manage these assets, Harvard Management has 133 employees who received $106 million in compensation which equates to an average compensation of $800,000. However, only 91 employees received more than $100,000 in compensation with the 13 most highly compensated to be: Read more
Executive Compensation at Harvard (2021)
Harvard is a private teaching and research university with an acceptance rate at about 5% of applicants. Located in Boston, Massachusetts, Harvard has about 25,000 students (both undergraduate and graduate students). The annual tuition, room, board, and fees is about $77,000 which means a 4-year degree is about $300,000.
There are 13 voting members (Fellows) of the governing body, 10 of whom are independent, 8 of the 13 (62%) are male while 5 of the 13 (38%) are female.
In 2021, Harvard’s total revenue was $9 billion (compared to $7 billion in 2020) with most of the income coming from 3 sources: investment income, gains, and royalties ($5.3 billion), contributions, gifts, and grants ($1.9 billion) and tuition, fees, and services ($1.3 billion). Expenses were $5 billion (not including $388 million in depreciation). At year-end, Harvard had $61 billion in net assets. Read more
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