How Donations are Used at Toys For Tots (2023)
Toys for Tots is one of the most well known organizations whose mission is to work with the US Marine Corp to collect new unwrapped toys and distribute those toys to economically disadvantaged children at Christmas time. A non-profit, tax-exempt 501 (c) 3, Toys for Tots is legally known as Marine Toys for Tots Foundation but nearly everyone refers to the organization as “Toys for Tots.”
There are 13 voting members of the governing party, 12 of whom are independent. 9 of the 13 (69%) directors are male while 4 (31%) are female.
So, if you made a donation in 2023, where did it go? It depends. If you donated a toy, then more than likely, a child received that toy. If you made a cash donation, then the funds were probably used to pay for organization expenses (i.e. compensation, office-related expenses, fees for services, etc) or to purchase toys. How do I know this? Because the Form 990 that Toys for Tots submitted to the IRS (2023) reports the following information: Read more 
15 Employees of Texas Christian University (TCU) Took Home Nearly $100 Million in Compensation
15 of the most highly compensated employees at Texas Christian University (a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ) that has 11,000 undergraduate and 2,000 graduate students pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth) in 2023 took home nearly $100 million in compensation from 2017-2023 (note: highly compensated employees in any of the years 2017-2022 but not in 2023 are not included (i.e. Gary Patterson, the former football coach who received $45 million in compensation from 2017-2022): Read more
10 Employees of Texas Christian University Took Home $114 Million in Compensation
10 highly compensated employees of Texas Christian University (a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ) with 11,000 undergraduate and 2,000 graduate students pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth) in 2022 took home $110 million in compensation from 2017-2022 (note: highly compensated employees in any of the years 2017-2021 but not in 2022 are not included): Read more
Executive Compensation at Texas Christian University (2023)
Texas Christian University (TCU) is a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ). Approximately 11,000 undergraduate and 2,000 graduate students are pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth.
Tuition, room and board are approximately $80,000 annually for an undergraduate student (with about 80% receiving financial aid). With an acceptance rate of 40% (20,000 applications in 2023 of which 8,000 were accepted, and about 3,000 chose to attend), TCU counts about 55% of its students coming from out of state.
The bottom line: TCU took in enough revenue to pay all university expenses (including $5 million to the head football coach), give out nearly $300 million in cash scholarships, and add more than $140 million to the general fund (that had more than $3 billion in net assets at year-end).
25 Employees at BCBS Association Take Home $100 Million in Compensation
25 of the most highly compensated employees of BCBS Association (a tax-exempt, non-profit 501 (c) 4 (a social welfare organization) based in Chicago, Illinois that serves as a national association of 36 independent BCBS companies that provide health insurance to more than 115 million people) in 2023 received $100 million in compensation from 2017-2023 (note: highly compensated employees in 2015-2021 but not in 2022, including Scott Serota the former CEO and President who received $74 million from 2015-2021 – do not appear on the list below) received $100 million from 2017-2023: Read more
Executive Compensation at the BCBS Association (2023)
The Blue Cross Blue Shield Association (BCBSA) is a tax-exempt, non-profit 501 (c) 4 (a social welfare organization) based in Chicago, Illinois that serves as a national association of 36 independent BCBS companies that provide health insurance to more than 115 million people.
BCBSA also own and manage the BCBS trademarks and names in more than 170 countries around the world. Consequently, revenue comes from the members of BCBSA whose revenue comes from insurance premiums. In other words, part of your BCBS health insurance premiums are paid to BCBSA.
There are 34 voting members of the governing body, of whom 33 are independent, although there are 36 listed on the Form 990 (2023) of whom 26 (72%) are male while 10 (28%) are female.
15 Employees at CalTech received $60 Million in Compensation
15 employees of CatTech (a private research university focused on science and engineering. Based in Pasadena, CA, Caltech has about 2,500 students (1,000 undergraduate and 1,500 graduate) whose predecessors have been awarded 48 Nobel Prizes. Tuition, room and board total about $95,000 annually) received $60 million in compensation from 2017-2023 (note: many of these employees were not employed at CalTech for all those years; and highly compensated employees in any of the years 2017-2022 but not in 2023 are not included): Read more
Executive Compensation at CalTech (2023)
The California Institute of Technology (CalTech) is a private research university focused on science and engineering. Based in Pasadena, CA, Caltech has about 2,500 students (1,000 undergraduate and 1,500 graduate) whose predecessors have been awarded 48 Nobel Prizes. Tuition, room and board total about $95,000 annually. According to the school’s website, 51% of students receive an average need based assistance of $60,000. Only 27% of students graduate with loans and the average indebtedness is $17,000. Read more
20 Employees at St Jude Take Home $100 Million in Compensation
20 of the most highly compensated employees at St Jude in 2024 received more than $100 million in compensation from 2017-2024. It is important to note St Jude is actually two organizations:
- St. Jude Children’s Research Hospital (St Jude): the 73-bed children’s hospital with more Han 7,300 employees that provides research and medical care; and
- American Lebanese Syrian Associated Charities (ALSAC): the fundraising arm; an organization with 2,100 employees that exists to raise funds for St. Jude’s
Although most non-profits do not separate fundraising from services, St. Jude’s does,: St. Jude relies on ALSAC for the majority of it’s revenue and has a beneficial interest in the organization. Read more
Executive Compensation at St Jude (2024)
When people think of St. Jude’s, they often associate the organization with the children’s research hospital but St Jude’s is actually two organizations:
- St. Jude Children’s Research Hospital (St Jude): the 73-bed children’s hospital with 7,374 employees that provides research and medical care; and
- American Lebanese Syrian Associated Charities (ALSAC): the fundraising arm; an organization with 2,100 employees that exists to raise funds for St. Jude’s
Although most non-profits do not separate fundraising from services, St. Jude’s does, so both organizations need to be analyzed because St. Jude’s relies on ALSAC for the majority of it’s revenue and has a beneficial interest in the organization. Read more
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