| Entity | Document Type | Tax ID |
|---|---|---|
| Dave Thomas Foundation for Adoption | Audited Financial Statements | 31-1356151 |
| Dave Thomas Foundation for Adoption | IRS Form 990 | 31-1356151 |
| Dave Thomas Foundation for Adoption | Government Grants as submitted to the California Office of the Attorney General | 31-1356151 |
|
Entity: Dave Thomas Foundation for Adoption Document Type: Audited Financial Statements Tax ID: 31-1356151 |
|
Entity: Dave Thomas Foundation for Adoption Document Type: IRS Form 990 Tax ID: 31-1356151 |
|
Entity: Dave Thomas Foundation for Adoption Document Type: Government Grants as submitted to the California Office of the Attorney General Tax ID: 31-1356151 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Rita L. Soronen | President / CEO | $500,343 |
| 2 | Jill Crumbacher | SVP, Marketing & Development | $247,632 |
| 3 | Jennifer Justice | SVP, Strategic Program Development | $244,387 |
|
1 Name: Rita L. Soronen Title: President / CEO Compensation: $500,343 |
|
2 Name: Jill Crumbacher Title: SVP, Marketing & Development Compensation: $247,632 |
|
3 Name: Jennifer Justice Title: SVP, Strategic Program Development Compensation: $244,387 |
According to the Dave Thomas Foundation for Adoption audited Statement of Activities for the fiscal year ended June 30, 2024: The Foundation received "Donated PSA broadcasting, in-kind" on which it placed a total value of $28,500,865. [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Dave Thomas Foundation for Adoption audit of June 30, 2024 (Note 8, Related Parties): "...The Foundation is the sole beneficiary of certain fundraising events and in-store campaigns sponsored by Wendy's and its franchisees. The Foundation received approximately $23,001,000 and $19,821,000 from Wendy's from various fundraising activities for the years ended June 30, 2024 and 2023, respectively... ...Wendy's entered into an Assignment of Rights Agreement with Oldemark, LLC, dated as of November 5, 2000 (Assignment). Wendy's has used Mr. Thomas, the Founder, as a focal point for its products and services for many years, and has, through its extensive investment in the advertising and promotional use of Mr. Thomas' name, likeness, image, voice, caricature, endorsement rights and photographs (Thomas Persona), made the Thomas Persona well-known in the United States and throughout North America. Under the terms of the Assignment, the Foundation was granted the use of the Thomas Persona, at no charge, for as long as the Foundation maintains its present purpose and ideals. No revenue or expense has been recorded in the financial statements for the use of the Thomas Persona." |
According to the Dave Thomas Foundation for Adoption tax filing for the fiscal year ended June 30, 2024, the Foundation reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, line 7): (1) The President & CEO received a bonus of $91,000. The reported total compensation in calendar year 2023 for the nine individuals listed above ranges from $155,315 to $500,343 (IRS Form 990, Part VII, Section A). |
According to the Dave Thomas Foundation for Adoption tax filing for the fiscal year ended June 30, 2024, "Wendy Thomas Morse and Pamela Farber have a family relationship." (IRS Form 990, Part VII, Section A, Line 2 & Schedule O). Both Morse and Farber are reported as "trustees" of the Foundation. The Foundation reports having 22 members on the Board of Directors, with 21 being reported as independent (IRS Form 990, Part VII, Section A & Part VI, Section A). |
