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Posts from the ‘An/Ag/Env’ Category

24
Jul

Executive Compensation at the World Wildlife Fund (WWF) 2021

The World Wildlife Fund (WWF) is considered by many to be the leading conservation organization in the world. Established nearly 60 years ago in 1960, the WWF is based in Washington, DC but operates all over the world (in more than 100 countries with 556 staff in 29 foreign offices and 95 at headquarters).

There are 25 voting members (directors) on the governing body (board of directors), 24 of whom are independent.  The Form 990 (2020) lists 27 board members (which appears to be due to timing differences), 18 (67%) of whom are male while 9 (33%) are female (note: the form 990 does not report gender identity. Conclusions were made based on name and google searches). Read more »

22
Jul

Where Does $100 to the World Wildlife Fund (WWF) Go (2021)?

The World Wildlife Fund (WWF) is considered by many to be the leading conservation organization in the world. Established nearly 60 years ago in 1960, the WWF is based in Washington, DC but operates all over the world (in more than 100 countries).

There are 25 voting members (directors) on the governing body (board of directors), 23 of whom are independent.  The Form 990 (2020) lists 27 board members (which appears to be due to timing differences), 18 (67%) of whom are male while 9 (33%) are female (note: the form 990 does not report gender identity. Conclusions were made based on name and google searches). Read more »

24
Jun

Executive Compensation at the National Geographic Society (2020)

When we think of the National Geographic Society (NGS), we often think of the magazine, which according to my childhood friends, was the first magazine they could look through to see naked people. But, the National Geographic Society is so much more than just the magazine. In their own words, they “identify and invest in an international community of explorers:  leading scientists, educators, storytellers, conservationists, technologists, and many other change makers who help us define some of the critical challenges of our time….”

The NGS is a tax-exempt non-profit 501 (c) 3 organization based in Washington, DC that primarily relies on investment income (gains on the sale of investments, dividends, interest, etc), royalties, and contributions for revenue.  With $1.6 billion in net assets, NGS has the ability to rely on these resources to keep their programs going when contributions, gifts, and grants (roughly $20-$30 million annually) are not enough, and when revenue greatly decreases due to unforeseen circumstances, like the pandemic in 2020. Read more »

14
Jun

Executive Compensation at the National Cattlemen’s Beef Association (2019)

The National Cattlemen’s Beef Association (NCBA) is a tax-exempt 501 (c) (6) – a “business organization” – whose purpose is to increase demand and profits for cattle and beef producers. To do this, members (many of whom are cattle owners) pay dues (based on the number of heads of cattle) starting at $150 to over $2,000 annually (although each cattle owning member has only 1 vote no matter how many head of cattle he/she owns).  In addition, the NCBA also has non-voting members who pay $50-$200 annually to belong to the association. Read more »

31
May

$19 a Month to the ASPCA – How Much Goes to Vet Services?

If you donated $19 a month to the ASPCA in 2020 and want to know how your donation was spent, know that nearly half ($9) went to pay staff, office-related expenses, travel and conferences.  $5 went to pay advertising and promotion and fees for outside services, including professional fundraisers, and miscellaneous expenses. $2 out of every $19 was spent on veterinary services, operating supplies, and grants to other non-profits whose mission is to help protect animals,  leaving $3 unspent and allocated to the organization’s general fund. Read more »

17
May

Fundraising at the Nature Conservancy (2020)

The Nature Conservancy raised $1.1 billion (including $822 million in contributions of which $168 were non-cash contributions, $162 million in fees and sales, $16 million in investment income and gains, and $124 million in government grants) and spent $897 million (not including depreciation) in the year ending June 30, 2020.  With nearly $7.1 billion in net fund assets – most of which is unrestricted – the Nature Conservancy has successfully raised a lot of revenue and retained a significant portion.

The IRS Form 990 (2019) reflecting the year beginning July 1, 2019 and ending June 30, 2020 indicates the Nature Conservancy spent $91 million (or roughly 8% of revenue) on fundraising expenses: Read more »

15
May

Where Does $100 to the Nature Conservancy Go (2020)?

The Nature Conservancy raises more than $1 billion a year and has more than $7 billion in their net fund assets, making the organization one of the most well capitalized non-profits in the country. If you’ve ever wondered how a donation is spent but don’t feel inclined to read the dozens and dozens of pages of the IRS Form 990 (the tax return submitted to the IRS annually), then continue reading. Read more »

13
May

Executive Compensation at the Nature Conservancy (2020)

The Nature Conservancy – a 501 (c) (3) based in Arlington, Virginia – whose mission is “to conserve land and waters on which all life depends” has been around since 1951 and is one of the most popular and wealthy non-profits in the country.

There are 20 voting members (directors) of the governing body, 17 of whom are independent, although the Form 990 lists 26 directors (due to timing differences) – 15 (58%) of whom are male and 11 (42%).of whom are female.

The most recent financial information (the 2019 IRS Form 990 for the year ending June 30, 2020) reports the organization raised $1.1 billion (compared to $1 billion in 2019 and $1.2 billion in 2018) and spent $900 million. The difference between revenue raised and revenue spent was $200 million which along with nearly $75 million in net unrealized gains on investments and other changes in assets helped increase net fund assets from $6.7 billion at the beginning of the year to nearly $7.1 billion at the end of the year. Read more »

23
Apr

Executive Compensation at the ASPCA (2020)

The ASPCA is a non-profit tax-exempt 501 (c) (3) based in New York City, New York. As such, the organization submits a Form 990 to the IRS annually and makes a copy available to the public. The most recent IRS Form 990 (2020) reports the ASPCA: Read more »

21
Apr

Where Does $100 to the ASPCA Go (2020)?

If you donated $100 to the ASPCA in 2020 and want to know how your donation was spent, know that nearly half ($48) went to pay staff, office-related expenses, travel and conferences.  $25 went to pay advertising and promotion and fees for outside services, including professional fundraisers. $8 out of every $100 was spent on veterinary services, operating supplies, and grants to other non-profits whose mission is to help protect animals. $2 out of every $100 was spent on miscellaneous expenses leaving $17 unspent and allocated to the organization’s general fund. Read more »