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Posts from the ‘Non-Profits’ Category

14
Mar

Executive Compensation at the Carter Center

The Carter Center was established in 1981 as a 501 (c) (3) based in Atlanta, Georgia. With $767 million in net fund assets, the Carter Center is a well-endowed organization that focuses on public health and human rights.

In 2017, the Carter Center had 263 employees who were compensated $35 million, which equates to an average compensation of $134,000. However, the IRS Form 990 reports that just 36 individuals received more than $100,000 in compensation. The 11 most highly compensated individuals are listed as follows: Read more »

8
Mar

Executive Compensation at the Clinton Foundation

In 2017, the Clinton Foundation (also known as the Bill, Hillary, and Chelsea Clinton Foundation or BHCCF) – a 501 (c)(3) based out of Little Rock, Arkansas – employed 398 individuals who were compensated $25 million, or an average of $63,000 each. However, 49 employees received more than $100,000 in compensation, with the most highly compensated individuals listed below: Read more »

6
Mar

Trending at the Clinton Foundation

The Clinton Foundation (also known as the Bill, Hillary, and Chelsea Clinton Foundation or the BHCCF) is based in Little Rock, Arkansas although there are offices in other locations including New York City. Established in 1997, the organization is a 501 (c) (3) engaged primarily in maintaining and operating the Presidential Library and Museum in Little Rock, and addressing “the world’s most pressing problems.”

BHCCF is not a large grant provider; nor does the organization specialize in implementing projects but instead appears to be focused on pubic awareness, establishing partnerships with other organizations, and finding solutions (referred to as initiatives) to a variety of global issues including third world problems, climate change, and health-related issues.

Over the past four years, BHCCF has experienced a lot of changes, some of which are outlined below: Read more »

2
Mar

Where Does $100 to the Rotary Foundation Go?

The Rotary Foundation is literally the foundation of the Rotary clubs across the world. Although Rotarians conduct meetings, go to conferences, do community service projects, and collect funds from each other to support Rotary International and the Rotary Foundation, the Rotary Foundation is the entity that awards almost all the grants, most of which ($207 million out of $230 million) are to overseas organizations, which may surprise many people.

In the most simplistic terms, the Rotary Foundation engages in primarily two functions:  they manage their endowment ($1.06 billion as of June 30, 2017) and award grants (again, primarily to foreign organizations) – $69 out of every $100 in revenue collected in 2017 were awarded in grants. Read more »

28
Feb

Where Does $100 to Rotary International Go?

There are an estimated 32,000 Rotary Clubs worldwide that are grouped into 529 districts (an average of 60 clubs per district) in 34 zones (an average of 16 districts in each zone). Each district (529 of them) has a governor.  There are 17 zone directors who each head 2 zones. The governors and directors are  nominated and elected positions. In other words:

  • 35,000:  Rotary Clubs
  • 529:  Districts (65 Rotary Clubs per district)
  • 34:  Zones (16 Districts in each zone)
  • 17:  Zone Directors (2 zones per director)

Read more »

26
Feb

Executive Compensation at the Rotary Foundation (2017)

The Rotary Foundation (RF) is a 501 (c) (3) based in Evanston, Illinois (at the same address as Rotary International (RI)). Although the organizations are separate (RI is a 501 (c) (4)), they are related. In the most simplistic terms, RI overseas the 32,000 Rotary Clubs across the world while RF awards grants and manages a very large endowment (nearly $1.1 billion). The executive employees appear to work with both organizations.

Staffed with 281 employees who were compensated $27.8 million (an average compensation of $99,000), RF provided more than $100,000 in compensation to 45 employees.  The most highly compensated individuals were: Read more »

24
Feb

Executive Compensation at Rotary International (2017)

Rotary International (RI) is a 501 (c) (4) – a social welfare organization that oversees 32,000 Rotary International Club organizations – based in Evanston, Illinois. Governed by a 20-member board (the president, president-elect, general secretary who is also the CEO, and 17 Rotary Zone Directors), Rotary International reported having 330 employees who were compensated $34.3 million which equates to an average compensation of $104,000. However, only 60 individuals received more than $100,000 in compensation with the 14 most highly compensated individuals listed below: Read more »

22
Feb

Understanding Rotary

Most people think of the Rotary as the local business group that invites business leaders and citizens to join the club (members have to be invited by a current Rotarian and cannot join without an invitation) and meets once a week for breakfast, lunch, or dinner to develop friendships, listen to speakers, and organize community assistance programs conducted throughout the year, but Rotary is more complicated than that. Read more »

18
Feb

Where Does $100 to the Veterans Support Foundation Go?

The Veterans Support Foundation (VSF) is a 501 (c) (3) operating out of the same office as Vietnam Veterans of America (also a 501 (c) (3) that is a “related tax-exempt organization”) in Silver Spring, Maryland.

VSF has two functions:  provide funds (grants) to other non-profit organizations supporting “community-based veteran-related projects; and, manage four residential properties (3 which they own and operate in concert with the VA) that provide housing for up to 30 veterans.  Unfortunately less than $8 out of every $100 was allocated to grants and only $21 out of every $100 was used to support the organization’s other mission. $67 out of every $100 was given to professional fundraisers. Read more »

16
Feb

Where Does $100 to Challenge Aspen Go?

Challenge Aspen is a 501 (c)(3) based in Snowmass, Colorado. Established in 1995 by Houston Cowan (who retired May 31, 2017) and Amanda Boxtel, Challenge Aspen is a non-profit focused on people with cognitive and physical disabilities to have access to a wide variety of recreational and cultural activities through their “strong working relationship with Aspen Skiing Company, that includes access to the area’s four ski mountains, a dedicated staff, and a committed volunteer force.”

According to the IRS Form 990’s over the past three years (ending May 31st of 2017, 2016, and 2015), Challenge Aspen has been reporting total revenue of about $3.5 million annually with about $1.5 million coming from non-cash donations described as lift tickets and ski lessons. On the expense side, Challenge Aspen has been expensing the exact same amount as the non-cash donation for ski company instructors. What this appears to mean is that the organization donating the lift ticket and ski lessons (appears to be Aspen Ski Company) gets a charitable donation for making the donation to Challenge Aspen and then Challenge Aspen turns around and spends the exact same amount on Aspen Ski Company instructors. Read more »