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Posts tagged ‘Stacey D Stewart’

29
Dec

Where Does $100 to the March of Dimes Go (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 »

6
Jan

Executive Compensation at the March of Dimes (2018)

The March of Dimes continues to endure. For people following the March of Dimes, the past few years have been tough on the organization.

Just 5 years ago the March of Dimes had $75 million in net fund assets and was raising close to $200 million annually, but they were spending more than they raised.  Over the next few years, revenue started to decline and the organization went into a negative net fund position because they were spending anywhere from $8-$27 million more than they raised annually, had to fund a pension/post retirement liability, and had losses on investments. Read more »

2
Apr

Where does $100 to March of Dimes Go?

If you made a $100 donation to the March of Dimes (MOD) in 2015, how was that money spent? According to the IRS Form 990 (2015), there are two ways in which to look at how that donation was spent: by looking at the four categories in which the organization classifies expenses:  program, management, fundraising, and grants; or by looking at the line item expense, with the later providing more detail: Read more »