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Posts from the ‘Pol/Rel’ Category

3
Nov

How Revenue is Spent at Friends of the Israel Defense Forces

Friends of the Israel Defense Forces (FIDF) is a tax-exempt, non-profit 501 (c) 3 who “collects charitable donations on behalf of the soldiers of the IDF” in Israel. Based in New York City, FIDF has 26 offices in the United States with a remarkable ability to not only raise funds but to accumulate nearly $200 million in net assets. Recently criticized for embarking on a major fundraising effort following the October 7th massacre in Israel sparking a war in the Gaza Strip, FIDF claims the $174 million in net assets has been earmarked for other causes. Read more »

24
Oct

Executive Compensation at the Heritage Foundation (2022)

The Heritage Foundation (Heritage) is a non-profit, tax-exempt organization staffed by conservative “experts” who provide advice on political, economic, social, and financial problems in the United States.

Based in Washington, DC, Heritage is governed by 17 voting members, of whom 15 are independent, although the Form 990 lists 22 voting members (trustees) of the governing body (Board of Trustees). 17 of the 22 (77%) are male while 5 of the 22 (23%) are female.

Heritage raises about $100 million annually, has historically spent less (usually about 70-80%) and has consequently accumulated $332 million in net assets by the end of 2022.

Read more »

22
Oct

Where Does $100 to the Heritage Foundation Go (2022)?

The Heritage Foundation (Heritage) is a non-profit, tax-exempt organization staffed by conservative “experts” who provide advice on political, economic, social, and financial problems in the United States. Based in Washington, DC Heritage raises about $100 million annually, spends less than they raise and therefore has about $330 million in net fund assets.

There are 17 voting members of the governing body, 15 of whom are independent – although 22 are listed on the Form 990 (which appears to be due to timing differences) of which 17 (77%) are male while 5 (23%) are female. Read more »

20
Oct

Executive Compensation at the Heritage Foundation (2021)

The Heritage Foundation (Heritage) is a non-profit, tax-exempt organization staffed by conservative “experts” who provide advice on political, economic, social, and financial problems in the United States.

Based in Washington, DC, Heritage is governed by 22 voting members (trustees) of the governing body (Board of Trustees), 19 of whom are independent. 17 of the 22 (77%) are male while 5 of the 22 (23%) are female.

Heritage raises about $100 million annually, has historically spent less (usually about 70-80%) and has consequently accumulated $367 million in net assets by the end of 2021.

Read more »

24
Sep

Executive Compensation at the Horatio Alger Association

The Horatio Alger Association (HAA) is a tax-exempt, non-profit 501 (c) 3, HAA is based in Alexandria, Virginia.  The organization is overseen by 72 independent voting members (board members) of the governing body, although 75 are listed on the 2021 Form 990, which appears to be due to timing differences.  68 of the 75 board members (91%) are male while 7 of the 75 members (9%) are female.

HAA was named for the gilded age writer, Horatio Alger who wrote about impoverished boys who rose from their humble backgrounds through education and good works to higher echelons of society.  Consequently HAA awards need based scholarships and honors the achievements of those who have overcome adversity and obtained personal achievement and success throw perseverance.  At the heart of HAA is the firm belief in achieving the “American Dream” through the free-enterprise system. Read more »

22
Sep

How Revenue is Spent at the Horatio Alger Association

The Horatio Alger Association (HAA) is named for the gilded age writer, Horatio Alger who wrote about impoverished boys who rose from their humble backgrounds through education and good works to higher echelons of society.  Consequently HAA awards need based scholarships and honors the achievements of those who have overcome adversity and obtained personal achievement and success throw perseverance.  At the heart of HAA is the firm belief in achieving the “American Dream” through the free-enterprise system. Read more »

6
Sep

How Revenue is Spent at Turning Point USA (2021)

Turning Point USA is a tax-exempt, non-profit 501 (c) 3 that advocates conservative principles on high school, college, and university campuses and in convention centers that focus on attracting high schoolers, college students, and young adults ages 15-25 who they often refer to as activists.

Established in 2012 by Charles Kirk, the President who received nearly $408,000 in 2021 and $430,000 in compensation in 2020, and flew first class or charter, according to the Form 990 (2020 for the year ending June 30, 2021) submitted to the IRS.

Turning Point USA is overseen by 5 voting members (directors) of the governing body, 4 of whom are independent. All directors are male. Read more »

5
Jul

Executive Compensation at Hillsdale College

Hillsdale College, a small private liberal arts college with 1,600 students in southern Michigan (Hillsdale) is the college virtually no one heard of 20 years ago.  Founded by abolitionist, Free Will Baptist preachers nearly 200 years ago in 1844, Hillsdale until recently maintained a small word of mouth following among conservatives attracting students (and conservative parents of smart (avg ACT 30-34, mid-range SAT 1370-1480 – 89-96 percentile, mid-range GPA 3.9-4.0) young people) who want a conservative liberal arts education, which is kind of an oxymoron. Approximately 20% of applicants are accepted, of which 62% opt to enroll. Read more »

3
Jul

How Hillsdale College Spends Revenue

Conservative movements to reform education are often defined by what they’re against.

~Emma Green

Hillsdale College, a small private liberal arts college with 1,600 students in southern Michigan (Hillsdale) is the college virtually no one heard of 20 years ago.  Founded by abolitionist, Free Will Baptist preachers nearly 200 years ago in 1844, Hillsdale until recently maintained a small word of mouth following among conservatives attracting students (and conservative parents of smart (avg ACT 30-34, mid-range SAT 1370-1480 – 89-96 percentile, mid-range GPA 3.9-4.0) young people) who want a conservative liberal arts education, which is kind of an oxymoron. Approximately 20% of applicants are accepted, of which 62% opt to enroll. Read more »

27
Jun

Where Does $100 to 350.org go (2021)?

350.org is a non-profit 501 (c) (3) founded in 2008 by a group of people along with author Bill McKibben, an environmentalist, to work towards ending the use of fossil fuels and build renewable energy.

Most scientists agree that the burning of fossil fuels is the largest contributor to greenhouse gas (followed by the animal agriculture industry) which has led to global warming. Named after the safe concentration of carbon dioxide in the atmosphere – 350 parts per million, 350.org is a grassroots organization that has become more well known as the public has become aware of the effects of climate change.

Based in Brooklyn, New York, 350.org raises about $20-25 million annually (primarily through contributions), spends about 80% of those funds, and has about $13 million in net fund assets. Because the organization is relatively young, it appears they have been focused on their mission but also building up their general fund. Hence, the reason they have not been spending as much as they raise. Read more »