Executive Compensation at the March of Dimes (2021)
2021 was a better year than 2020 for the March of Dimes with the benchmark being the organization went into a positive net asset position (from a negative $20 million at the end of 2020). Just eight years ago, the March of Dimes had $75 million in net fund assets and was raising nearly $200 million annually but they were spending more than they raised. Since then, revenue has declined and the organization went into a negative net fund position because they were spending $8-$27 million more than they raised annually, had to fund a pension/post retirement fund for employees, and had losses on investments. Things were not looking good by 2016 so the organization brought in a new president in 2017 following the retirement of the longtime president. Read more 
Executive Compensation at the March of Dimes (2017)
2017 was a year of changes for the March of Dimes beginning on the first day of the year when Stacey D Stewart became the non-profit’s new President and CEO (after Jennifer Howse retired after 26 years with the organization). For the first time in several years, the March of Dimes did not spend more ($152 million) than they raised ($164 million) but the organization still remained in a negative net asset or negative fund balance position. Although the $12 million of unspent revenue would supposedly help reduce the negative $13 million net fund balance, there were $7 million in net unrealized losses on investments and $3 million in changes to assets as a result of higher pension costs. All of which means, the March of Dimes is still in a negative net asset or negative net fund balance of $11 million. Better than last year ($13 million) but still not in a positive position. Read more
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