Investigating The Nonprofits Of Professional Athletes
Description
Award-winning sports reporter Jason Wolf sheds light on the intricate and often misunderstood world of professional athletes and their nonprofit organizations. Wolf, known for his investigative prowess with the Arizona Republic and the USA TODAY Network, describes his findings in the mismanagement and inefficiencies that plague many athlete-founded charities, despite the athletes' noble intentions.
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Wolf's journey into this niche field began serendipitously while covering star NFL player Delaney Walker. He recalls, “I had known enough to know that 990 is that the federal tax returns were public records and that I could get my hands on them. But once I printed them out, I had no idea what I was looking for.”, which marked the start of his deep look into the financial and operational workings of nonprofits, culminating in a groundbreaking series of reports.
His investigation, notably the “Mismanagement of the Year” project, scrutinized the nonprofits founded by Walter Payton NFL Man of the Year award winners. This prestigious award, given annually since 1970, recognizes NFL players for their philanthropy and community service. Wolf explains, “My investigation into the efficiency of the nonprofits founded by these esteemed men reveals that many of them are far more inefficient than even the athletes themselves realize.”
The investigation uncovered alarming trends, such as significant portions of donated funds being consumed by administrative costs rather than directly supporting charitable causes. Wolf shared a startling example: “My investigation in Buffalo showed that the for-profit nonprofit management company that ran Andy Dalton's nonprofit was contractually entitled to... a quarter of every dollar donated. So when Bills fans donated it was $442,000 to Andy Dalton's nonprofit. This for-profit company took 100 grand off the top.”
The primary issue, according to Wolf, is the involvement of marketers rather than nonprofit professionals in managing these charities. This is resulting in poor financial oversight and operational inefficiencies. Wolf’s findings have garnered numerous accolades and have sparked meaningful changes within the sports philanthropy landscape.
One of the most impactful outcomes of his work is the formation of Sport for Impact, co-founded by former NFL star Anquan Boldin. This organization aims to educate players and their families about responsible sports philanthropy. Wolf proudly comments, “The most wonderful thing that has come out of this work has been Anquan Boldin co-founding Sport for Impact... the Jacksonville Jaguars are the first NFL team to provide them with a grant.”
Because of his thorough investigations and dedication to uncovering the truth, Jason Wolf has illuminated the need for greater transparency and efficiency in athlete-run nonprofits. His work continues to inspire change, urging athletes to adopt best practices and ensure that their charitable endeavors truly benefit those in need.
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