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A USA Today investigation revealed that during the years 2020 and 2021, Wilson’s foundation paid more money to executives for salaries and benefits than what was actually donated to charity.
As if his disappointment of a first season in Denver wasn’t bad enough, Wilson is in the news again. This time the issues have nothing to do with his play on the field. It’s seems “Mr. Unlimited” was feeling limitless in what could be done with the money being raised by his foundation.
The ‘Why Not You Foundation’ also known as ‘The Russell Wilson Foundation’ raised approximately $1.7 million dollars during 2020 and 2021, of which only $600k actually went to charity. The remaining $1.1 million dollars went to executive salaries and benefits.
A nonprofit oversight attorney stated that if challenged there is a high probability that the IRS could determine that the high salaries constitute excess benefits transactions that come with significant penalties.
Will Russell Wilson face any legal action? Time will tell but it seems likely a fine and some bad PR will be the extent of it. But it’s just further evidence that Russell Wilson is the absolute WORST!
