For the second year in a row, Michael “Mikey” Weinstein’s Military Religious Freedom Foundation — the “charity” he started, operates, and for which he is the sole paid employee — continued to spend more than it brought in, according to its IRS filings for 2016 (the most recent available).
In 2016, Weinstein brought in $681,000, which is about $15,000 more than the prior year. The MRFF’s expenses ballooned to $715,000, putting Weinstein on the very red side of the ledger.
Of course, that’s somewhat academic when you’re running your own charity. For one thing, the MRFF is sitting on a large cash pile, though it dipped below $200,000 just this year. Notably, too, the difference between the income and expenses is almost exactly equal to the raise Mikey Weinstein gave himself, from $275,000 in (total reported) compensation to $310,000.
While he could have trimmed his pay to operate within the budget, Mikey Weinstein gave himself a raise, from $264,000 in 2015 to $289,900 in 2016. Put another way, about 43% of the MRFF’s donations go directly to Mikey Weinstein’s salary — leading media scrutiny to say he was “cashing in” based on an “unheard of” salary from those donations.
With that said, it has long been known that Mikey Weinstein appears to have other forms of indirect “compensation” from his charity besides Read more