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Posts tagged ‘Carolyn Vine’

6
Jul

Executive Compensation at the Robin Hood Foundation (2022)

The Robin Hood Foundation (RHF) – a 501 (c) (3) based in New York City – is an organization that primarily awards grants to organizations fighting poverty by providing food, shelter, and healthcare and by helping people lift themselves out of poverty. They do this primarily by awarding grants (in 2022, the organization collected $129 million in revenue and awarded $131 million in grants) and reported $34 million in organization expenses (which is reportedly paid for by the 42 board members – an average of $800,000 each to fully cover operational expenses).

In 2021, there was a shakeup at RHF with the departure of Wes Moore, the CEO (for four years)  and several other highly compensated employees (Derek Ferguson, Kristine Sudano, Beth Zolkind, and Sheila Kelly). Richard Buery was named the new CEO. The reasons for the departure are unclear but could be due to the deterioration in net assets.

In 2022, RHF had 162 employees who were compensated $23 million, which equates to an average compensation of $142,000. However, only 56 employees received more than $100,000 in compensation. The 13 most highly compensated individuals were: Read more »

20
Mar

Executive Compensation at the Robin Hood Foundation (2021)

The Robin Hood Foundation (RHF) – a 501 (c) (3) based in New York City – is an organization that primarily awards grants to organizations fighting poverty by providing food, shelter, and healthcare and by helping people lift themselves out of poverty. They do this primarily by awarding grants (in 2021, the organization collected $140 million in revenue and awarded $172 million in grants) and reported $33 million in organization expenses (which is reportedly paid for by the 39 board members – an average of $850,000 each to fully cover operational expenses).

In 2021, RHF had 162 employees who were compensated $22 million, which equates to an average compensation of $135,000. However, only 75 employees received more than $100,000 in compensation. The 16 most highly compensated individuals were: Read more »