RW's Foundation raises millions. Less than half goes to charity

[Hawkspeed]

It is an interesting article and is worth the read. Here is a quote.
"Wilson’s organization reported it spent almost $600,000 — or just 24.3 cents of every dollar — on charitable activities in 2020 and 2021 combined and nearly twice as much, $1.1 million, on salaries and employee benefits in that span"
https://news.yahoo.com/russell-wilsons-why-not-foundation-174735657.html

 

[seatownlowdown]

probably just another stealing, fraudulent, embezzling, racketeering scheme in the name of charity. follow the money

 

[soxhawk]

Doubt it's Russell per se, but his hangers on probably saw it as a gravy train to capitalize on Russell's hospital volunteerism.

 

[Aircrew]

Doubt it's Russell per se, but his hangers on probably saw it as a gravy train to capitalize on Russell's hospital volunteerism.

Tell that to the Judge, lol.

I do agree, though. So many of these athlete celebrities get used for things of this nature by leaches in their circle. Mo money, mo problems.

 

[fenderbender123]

This is why I don't donate to any charity. I'd rather just write a check directly to a needy person/family.

 

[Donn2390]

Doubt it's Russell per se, but his hangers on probably saw it as a gravy train to capitalize on Russell's hospital volunteerism.

You make is sound like Russ is a good guy, the article disagrees. $200k for he and Ciara's secretary, just one example. Charity is supposed to benefit charities, not make your friends rich. Perhaps now we understand the hospital visits, not because he cares, just setting up his scam...
The young man falls further and further from grace every day...

 

[Lagartixa]

"We've collected millions of dollars in donations. Who should get the money?"
"Why not us?"

 

[RolandDeschain]

This is why I don't donate to any charity. I'd rather just write a check directly to a needy person/family.

Yeah, better that it get used for crack/alcohol/cigarettes/take your pick.

It requires doing some serious reading to confirm that a charity is legitimately good and ethically spends their funds, unfortunately, but they do exist. I'm a monthly donor to Doctors Without Borders.

 

[Chapow]

Not defending Russ or this charity, but the fact is that this type of thing is fairly common practice among charities that a large amount of the money that is donated goes to things other than the people they are supposedly helping. The Wounded Warrior Project is one of the more famous examples.

 

[GeekHawk]

Boy, that's a pretty damning article with evidence at least partly presented. Wonder how long until the IRS is all up in their business?

 

[FrodosFinger]

Wow an investigation by USA TODAY found that Russell Wilson’s foundation reported it spent just 24.3 cents of every dollar on charitable activities in 2020 and 2021 combined. What a jerk

 

[Wheetie]

Russell Wilson’s foundation raises millions, a quarter of it goes to charity

Serious questions were raised about the Why Not You Foundation when a six-month investigation by The USA TODAY Network was published

denversports.com

This article says less than a quarter of money raised went to charity. Brutal...

 

[Bobblehead]

how they become rich.. how do you think the Clintons became multi multi millionaires..fake foundations

 

[IndyHawk]

Why am I not surprised..It's a big scam

 

[knownone]

I'm curious to hear his team's rationale for this.

 

[GGotskill]

Not surprised Russ is a slime ball. That squeaky clean image always seemed like a front.

 

[Aircrew]

"We've collected millions of dollars in donations. Who should get the money?"
"Why not us?"

HAHAHAHAHA

 

[Aircrew]

This is why I don't donate to any charity. I'd rather just write a check directly to a needy person/family.

Or offer them a job, that's what I do. I have yet to have a single one of them take me up on it. Telling.

 

[jeremiah]

It is an interesting article and is worth the read. Here is a quote.
"Wilson’s organization reported it spent almost $600,000 — or just 24.3 cents of every dollar — on charitable activities in 2020 and 2021 combined and nearly twice as much, $1.1 million, on salaries and employee benefits in that span"
https://news.yahoo.com/russell-wilsons-why-not-foundation-174735657.html

That is common in charities. The Clinton Foundation spent nearly 85% on overhead. United Way is similar to RW in input output. Charitable foundations are designed to leave people in control, so they can use the tax write offs for trips, money raising, housing, car leases, private jets etc. Charitable foundations are a scam.

If you can get one going, you can have the Foundation own the house you live in, and rent it to yourself for as little as $1 a month. The same goes for automobiles. The Foundation buys them, then the head of the foundation or his minion reap the benefits. In short, IT IS A TAX DODGE, but it helps some people.

 

[Grahamhawker]

Not defending the foundation in any way, but aren't foundations like this simply charitable "middle-men" anyway? Way better to put donation money closer to the actual use, imo.