I only asked the question because I don't really know much at all how these celebrity foundations work. Reading up on RW's foundation, all I found on a shallow dive was that his has a poor grade in terms of financial effectiveness, where only something like 21 cents of every dollar finds their charitable target. The rest is absorbed by operational/overhead costs.
What I found a bit strange was what comprised these operational costs? As far as I was able to discern, the foundation has only three salaried employees, a least at the time of the articles I was looking at. I guess the rest would be things like advertising, office expenses, possibly travel expenses for RW and these employees, possibly money spent wooing potential donors, and the like. To me, I had a hard time seeing how 79 cents of every accrued dollar or thereabouts was justifiable, a least once the money coming in began to shrink (or I thought should shrink) these operational costs in comparison.
Like I said, I'm kind of a dunce about these things, even though I once worked for a NPO in my youth.
I had to ask the simple question: How much of his actual "own money" did he spend in establishing the foundation, and how much of his own money does he continue to enrich the foundation with on a yearly basis? Poking around, I couldn't find an answer to this question, but admittedly didn't spend much of any time doing a deeper dive.
Point being from the crap I've just written, it sure started to seem to me like his foundation was a lot more about promoting his image, or "brand", and possibly enriching the people (friends?) he chose to be amongst the few employees of the foundation, and a lot less about financially aiding the various charities his foundation financially supports.
I'm now starting to become dubiously skeptical about these celebrity foundations in general.
Sorry for the long-winded post.
