It seems as if more and more foundations have something sketchy going on. And that’s the case for Denver Broncos quarterback Russell Wilson, who recently was called out for his foundation only giving back 24.3 cents to every dollar donated.

Yeah, you read that right. But I know for a fact that Wilson isn’t the only one whose foundation operates like this but people aren’t happy.

Per Denver Sports: The investigation by USA TODAY found that Wilson’s organization reported it spent 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, according to federal tax records.

The salaries include more than six figures for an executive who also works personally for Ciara and Russell Wilson, which has nonprofit experts prodding.

Form 990 federal tax returns from the nonprofit’s inception through 2021 show it reported $7.5 million in revenue and $7 million in expenses during its first eight years of existence.

Less than half of the money — $2.8 million, or 39.6 cents of every dollar spent — has gone to charitable activities, all as grants to other nonprofits.

The remaining $4.2 million has paid for fundraising, administrative and management expenses, including the salaries of three employees, who have received $1.9 million combined.

Check out some tweets about it:

Yikes! Not a good look.

Image from: SportsKeeda

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