Where Does $100 to the Robin Hood Foundation Go (2022)?
The Robin Hood Foundation (RHF) is not a “rob from the rich, give to the poor” organization although RHF is known for having a wealthy Board of Directors who financially support the organization so that donations can be used to help alleviate poverty in New York City. How does RHF do this? Primarily by providing grants to other non-profits who provide food, shelter and health services along with education so that people can lift themselves out of poverty.
In a sense, RHF is a “United Way” for non-profits in New York City whose focus is on poverty. They solicit grants, screen the organizations, and disburse donations in the form of grants. Unlike United Way, the RHF states “100% of your donation goes directly to our community partners” on the front page of their website (www.robinhood.org) because “our board pays for all administrative costs.” That’s an amazing claim, especially for donors who are interested in their dollars going as far as possible to help alleviate poverty in a city where 1 in 5 people are estimated to live in poverty. Read more 
Executive Compensation at University of Southern California (2022)
The University of Southern California (USC) is a private research university with about 47,000 students (undergraduate and graduate) based in Los Angeles, California. The annual tuition is about $70,000 but with room, board, and fees the total estimated cost is $83,000 – $95,000 per year.
Key information about USC is summarized as follows: Read more
Executive Compensation at CommonSpirit Health (2022)
Commonspirit Health was created in 2019 when Catholic Health Initiatives (CHI) and Dignity Health merged to become the largest tax-exempt, non-profit healthcare system in the United States. With more than 150,000 employees staffing 1,000 care centers and 140 hospitals in 21 states, Commonspirit Health, the healthcare system, is comprised of hundreds of non-profits and for-profit corporations, partnerships, and trusts. This post only addresses the executive compensation at Commonspirit Health (CH), the non-profit 501 (c) (3) that oversees the entire CH healthcare system. Read more
Executive Compensation at Brown University (2022)
Brown University is a private research university with about 11,000 students (7,000 undergrads and 4,000 graduate and medical students) in Providence, Rhode Island. Unbeknownst to some is that Brown has 34 Division 1 sports teams.
Approximately 50,000 undergraduate students apply annually; 5% or 2,500 are accepted. Annual tuition, room and board is $90,000 or about $360,000 for a 4-year degree.
When analyzing colleges and universities generally, there are 6 key numbers to look at: Read more
Executive Compensation at Drexel University (2022)
Drexel University is a private research university in Philadelphia, PA (although there are satellite campuses) with about 25,000 students (an estimated 14,000 undergraduate students and 8,000 graduate students and 3,000 other students). The annual cost of tuition, room and board (undergraduate) is about $80,000.
In 2022, Drexel reported total revenue of $1.4 billion (compared to $1.2 billion in 2021 and $1.3 billion in 2020) with the largest sources being tuition and fees ($1 billion), government grants ($129 million), related organizations ($39 million) and contributions, gifts ,and grants ($41 million). Read more
Executive Compensation at Virtua Health (2022)
Virtua Health is a tax-exempt, non-profit healthcare provider in southern New Jersey with 5 hospitals, 350 healthcare offices, and 7 urgent care centers and 7 emergency departments. The entire Virtua healthcare network consists of 19 related tax-exempt organizations, 32 related taxable partnerships, and 4 related organizations taxable as a corporation or trust. This post addresses the executive compensation of Virtua Health, Inc (Virtua) – the non-profit that manages the entire organization and provides support services to these entities. Consequently, Virtua’s primary source of revenue is the organizations that make up the network.
Virtua has 20 voting members (trustees) of its governing body, 18 of whom are independent; 17 of the 20 (70%) are male while 6 of the 20 (30%) are female. Read more
Executive Compensation at the Mortgage Bankers Association of America (2022)
The Mortgage Bankers Association (MBA) is a tax-exempt, non profit 501 (c) 6 national trade associate that represents the real estate finance industry. Based in Washington, DC, the MBA has a reported 2,200 member companies.
There are 39 independent voting members (board members) of the governing body: 28 of the 39 (72%) are male while 11 (28%) are female. Read more
Executive Compensation at Baycare Health Systems (2022)
Baycare Health System is one of the largest healthcare systems in Florida. Headquartered in Clearwater with 16 hospitals, 18 urgent care centers, 4 surgery centers, 38 imaging facilities, 100 primary care and physician practice locations, and more than 30 walk-in health care facilities in Publix supermarkets throughout Tampa Bay and West Central Florida, Baycare Health System serves the Tampa Bay and western-central regions of Florida.
Baycare Health System consists of dozens of other organizations (i.e. tax-exempt organizations, taxable partnerships, corporations, and trusts), who pay a “management fee” to a tax-exempt, non-profit entity called “Baycare Health Systems, Inc” (BHSI). BHSI manages the whole system. This post reports the executive compensation of BHSI only (see the other Form 990’s for executive compensation of other related/affiliated entities). Read more
Executive Compensation at Memorial Hermann (2022)
Memorial Hermann Health System (MHHS) is a Houston-based tax-exempt, non-profit healthcare provider with more than 33,000 employees and 6,600 physicians that serve in 17 hospitals (14 that the organization owns and 3 in which they have joint ventures) and 260 care delivery sites in the Houston, Texas metropolitan area.
MHHS consists of many organizations (non-profits, corporations, trusts, and partnerships) but for the purpose of this post, the executive compensation reported on MHHS – a 501 (c) (3) – is addressed. Read more
Executive Compensation at NorthShore University HealthSystem (2022)
NorthShore University Health System (NorthShore) is a healthcare delivery system (tax-exempt and non-profit) that includes 6 hospitals (Evanston, Glenbrook, Highland Park, Northwest Community, Skokie and Swedish) and more than 140 healthcare locations in the Chicago area.
Headquartered in Evanston, IL, Northshore is affiliated with the University of Chicago Pritzker School of Medicine. And, finally it is important to note that NorthShore is part of Endeavor Health, who united 9 regional hospitals and 300 care centers across Chicago through NorthShore, Edward-Elmhurst Health, Northwest Community Healthcare, and Swedish Hospital in 2022 creating the third largest healthcare system in the State of Illinois. Read more
Paddock Post 