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Wounded Warriors Staff Party Down.
- Thread starter Indy-Mike
- Start date
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This is surprising how?
WWP, along with many charities do a lot of good with the money they raise....and provide lavish lifestyles for those who are at the top of the organization. They benefit from the lizard brain "who could be against vets" so people buy and buy and buy the products with their logo on it, and give, seldom asking where the money goes because "if I wear WWP stuff I look like I care." Brilliant marketing.
Maybe it doesn't matter because they are supporting important services that, perhaps, otherwise would not get funding.
I would note that the CEO of WWP is not shy about promoting the idea that charities should spend more on overhead and should provide executive compensation that is comparable to private sector CEOs. He is a board member for an organtization that promotes those things.
http://charitydefensecouncil.org/leadership/advisory-board/
http://charitydefensecouncil.org/our-mission/
Maybe they're right, but it's certainly something people should consider when donating.
WWP, along with many charities do a lot of good with the money they raise....and provide lavish lifestyles for those who are at the top of the organization. They benefit from the lizard brain "who could be against vets" so people buy and buy and buy the products with their logo on it, and give, seldom asking where the money goes because "if I wear WWP stuff I look like I care." Brilliant marketing.
Maybe it doesn't matter because they are supporting important services that, perhaps, otherwise would not get funding.
I would note that the CEO of WWP is not shy about promoting the idea that charities should spend more on overhead and should provide executive compensation that is comparable to private sector CEOs. He is a board member for an organtization that promotes those things.
http://charitydefensecouncil.org/leadership/advisory-board/
http://charitydefensecouncil.org/our-mission/
Maybe they're right, but it's certainly something people should consider when donating.
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Maybe. Charity Navigator Rating - Wounded Warrior Project
They're rather well known for NOT doing much good. 342 MILLION dollars in revenue. That's tremendous. Yet 248 MILLION in "expenses". 72.5 % of revenues go towards "expenses". That leaves only 27.5% going towards their stated goals and purposes. IMO, that's pitiful.
I may have read it wrong, but it looked like WWP spent 60% on vet programs and 40% on admin expenses and fundraising. That's still terrible, but not as bad as you indicate.
In comparison, the United Way spends 10% on admin and fundraising. Lots of volunteer time, however.
In comparison, the United Way spends 10% on admin and fundraising. Lots of volunteer time, however.
Spear Dane
Grandmaster
Saw this on the over night news. Made me want to hurt someone, preferably that jack wagon of a CEO of theirs.
Apparently the CEO makes over 475k a year as well. Not including of course everything he gets to 'expense' during the year. I was just listening to a Planet Money bit about how well paid 'non-profit' executives are. Pretty despicable. I understand they run big organizations but part of being a charity, I think, would lend itself to modest salaries.
I'd also point out that it's despicable to validate your salary comparing it to private sector CEO's. They went into it to make money and they pay taxes for that right. Charities, supposedly, get into it to help people.
I'd also point out that it's despicable to validate your salary comparing it to private sector CEO's. They went into it to make money and they pay taxes for that right. Charities, supposedly, get into it to help people.
It depends a lot on what categories certain things are put in. I will reiterate that perhaps whatever percentage it is, at least it's money that otherwise may not have been given (though that is in doubt).
I moderated my earlier post, but heck, here goes. WWP sells ease of mind and self-satisfaction to the people who give and buy their branded products. They sell "goodwill" to their corporate sponsors so they can look like they care as well. The founders/executives make a lot of money and make sure enough money makes it into services to avoid strong scrutiny and to protect their brand. Make no mistake, this is about keeping the money coming in, so they HAVE to get a "respectable" amount to the people in need.
...and if you think WWP is a windfall for its executives, you ought to look at some breast cancer charities. Again, the "lizard brain" rules: "who could be against Moms?"
I moderated my earlier post, but heck, here goes. WWP sells ease of mind and self-satisfaction to the people who give and buy their branded products. They sell "goodwill" to their corporate sponsors so they can look like they care as well. The founders/executives make a lot of money and make sure enough money makes it into services to avoid strong scrutiny and to protect their brand. Make no mistake, this is about keeping the money coming in, so they HAVE to get a "respectable" amount to the people in need.
...and if you think WWP is a windfall for its executives, you ought to look at some breast cancer charities. Again, the "lizard brain" rules: "who could be against Moms?"
If you want a lavish lifestyle, you need to work in finance or other private sector position. Non profits shouldnt have big salaries for the management. Not saying they should be volunteer only, but damn. Thats too damned much.
Same for clergy. These megachurch pastors driving new luxury cars and instead of a parsonage its a 7,000sqft mansion. Despicable.
I don't think anyone discounts that there are a lot of charities with over paid executives, this thread just happens to be about Wounded Warriors.
It really feels like a catch 22 because the charities who do the best and spend the most helping people don't tend to spend as much on self promotion and advertising. Where if they spent the money needed to become well known they wouldn't be spending as much on helping people.
I'll agree that a lot of charities have similar pay for the executives, similar rates for expenses. That's why you have to do your homework when making donations. There are charities that do better and provide more services per dollar then others. Companies and people shouldn't only donated to show they care or feel good, but have the expectation that the money donated helps someone besides the employees of the charity.
WWP just seems get mentioned here a lot as there are lot of vets here, and I seen several fundraiser for them during shooting matches.
WWP just seems get mentioned here a lot as there are lot of vets here, and I seen several fundraiser for them during shooting matches.
That from the Jefferson Bible? heh
Interesting to compare the 2 tax returns between United Way and WWP. I didn't realize WWP was that much larger than United Way....but yet the United Way boss makes 3 times as much on 1/3 the revenue. Tell me I read that wrong.....please.
https://www.woundedwarriorproject.org/media/579212/wwp_2012-2013_form_990.pdf
http://s3.amazonaws.com/uww.assets/..._Form_990_(2014_-_Public_Disclosure_Copy).pdf
https://www.woundedwarriorproject.org/media/579212/wwp_2012-2013_form_990.pdf
http://s3.amazonaws.com/uww.assets/..._Form_990_(2014_-_Public_Disclosure_Copy).pdf
indiucky
Grandmaster
I like the Nature Conservancy.....I remember in the late 80's when I was a little green that I wanted to do something to preserve that which I love...Out of all of the so called "Green Nature Loving Hippie" organizations out there, the Nature Conservancy had the highest percentage of funding going to the cause. That cause was identifying scarce plots of land and buying them up so the public can enjoy them....I even did some volunteer work with them...They were the only group that would allow hunting on their property as long as the hunting would not damage what they were trying to preserve.....
It's still higher at United way but you posted the 2012 wounded warriors, ceo salary has shot up over 100k since then. You know inflation and stuff...
