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13
Oct

Where Does $100 to St Jude Go (2024)?

St. Jude’s is one of the most popular non-profit organizations in the country because the charity’s mission appeals to donors:  they treat and help children with cancer and other life threatening illnesses. But, before making donations, donors should understand where revenue is spent and that St. Jude’s is actually two organizations:

  • St. Jude Children’s Research Hospital, Inc. (St. Jude) – the 73-bed hospital and research center
  • American Lebanese Syrian Associated Charities  (ALSAC) – the fundraiser

ALSAC  “exists for the sole purpose of raising funds and building awareness to support the current and future needs of St. Jude Children’s Research Hospital, Inc” while St. Jude engages in research and provides care and services to sick children and their families. Read more »

11
Oct

15 Employees of Stanford Health Take Home $120 Million in Compensation

15 highly compensated employees of Stanford Health Care (SHC) – a tax-exempt non-profit organization with $6.5 billion in net assets whose purpose is to provide patient care services through its 19,000 employees at 3 hospitals and 60 clinics in the Palo Alta, California area – received $120 million in compensation from 2018-2023:  (note:  the 15 employees are the most highly compensated 15 employees in 2023; highly compensated employees in any of the years 2018-2022 but not in 2023 are not included):   Read more »

9
Oct

Executive Compensation at Stanford Health Care (2023)

Stanford Health Care (SHC) is a tax-exempt non-profit organization whose purpose is to provide patient care services through its 19,000 employees at 3 hospitals and 60 clinics in the Palo Alta, California area.  SHC consists of 22 tax-exempt non profit organizations, 43 related organizations taxed as a partnership, and 30 organizations taxed as a corporation or trust. Read more »

7
Oct

Executive Compensation at the American Beverage Association (2023)

The American  Beverage Association is a Washington, DC-based non-profit 501 (c) (6) trade association representing America’s non-alcoholic beverage industry. Originally established in 1919 as the American Bottlers of Carbonated Beverages, the organization was renamed the National Soft Drink Association in 1966, when the soft drink market began growing rapidly in the USA.

In 2004, the organization’s name was changed to the American Beverage Association (ABA), which coincidently was about the time negative press was on the upswing calling out the soft drink industry for the copious amount of sugar and high fructose corn syrup in soft drinks. In subsequent years, as the government imposed taxes on these beverages siting the lack of nutritional benefits and the great cost to the consumer and the health care industry, the ABA has fought attempts by stepping up their lobbying efforts. Read more »

5
Oct

How the American Beverage Association Spends $100 Million Annually (2023)

I don’t drink soda.   ~ Guy Fieri

The American  Beverage Association is a Washington, DC-based non-profit 501 (c) (6) trade association representing America’s non-alcoholic beverage industry. Originally established in 1919 as the American Bottlers of Carbonated Beverages, the organization was renamed the National Soft Drink Association in 1966, when the soft drink market began growing rapidly in the USA.

In 2004, the organization’s name was changed to the American Beverage Association (ABA), which coincidently was about the time negative press was on the upswing calling out the soft drink industry for the copious amount of sugar and high fructose corn syrup in soft drinks. In subsequent years, as the government imposed taxes on these beverages siting the lack of nutritional benefits and the great cost to the consumer and the health care industry, the ABA has fought attempts by stepping up their lobbying efforts. Read more »

3
Oct

20 Things I Wish I Knew About Home Improvements When I Was 20

Over the past few decades, I’ve lived in more than a dozen places, bought and sold homes, and remodeled/renovated more places than I care to recall.  Along the way, I learned a lot – sometimes at great expense and at other times through trial and error.  Looking back, I wish I had a quick guide to alert me to issues so I compiled the following list: Read more »

1
Oct

Non-Profits 101

Non-profit organizations are a big business in the United States with most of the population supporting these organizations through donations, membership dues, time, or purchases.  So, it’s important to understand key issues of non-profits: Read more »

29
Sep

Executive Compensation at the National Geographic Society (2023)

The National Geographic Society (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 $1.5 billion in net assets (down $250 million from 2021 due to unrealized losses on investments in 2021 that were partially offset by gains in 2023), NGS has the ability to rely on these resources to keep their programs going when contributions, gifts, and grants (roughly $20-$90 million annually) are not enough, and when revenue greatly decreases due to unforeseen circumstances, like the pandemic in 2020. Read more »

27
Sep

Executive Compensation at Turning Point USA (2024)

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 the late Charles Kirk, Turning Point USA has three (3) related tax exempt organizations:

  • Turning Point Endowment, Inc.:  a 501 (c) 3 described as a “supporting org to Turning Point USA”
  • America’s Turning Point, Inc:  a 501 (c) 3  described as “education of students”
  • Turning Point Action, Inc.:  a 501 (c) 4  described as “education of students” where contributions are not tax deductible

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 »

25
Sep

How Revenue is Spent at Turning Point USA (2024)

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 the late Charles Kirk, Turning Point USA has three (3) related tax exempt organizations:

  • Turning Point Endowment, Inc.:  a 501 (c) 3 described as a “supporting org to Turning Point USA”
  • America’s Turning Point, Inc:  a 501 (c) 3  described as “education of students”
  • Turning Point Action, Inc.:  a 501 (c) 4  described as “education of students” where contributions are not tax deductible

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 »