VPC “Public Support”

Howard Nemerov brings us part II of his series on the VPC’s finances.

Two people perform most of VPC’s public outreach: Executive Director Josh Sugarman and Legislative Director Kristen Rand. Between 2003 and 2007, as revenues decreased 49.9%, both Sugarman’s and Rand’s salaries increased 5.9%. But because revenues decreased, these two top earners––each of whom earned $132,894 in salary and $3,987 in benefits in 2007––went from 15.5% of total revenue in 2003 to 32.7% in 2007, more than doubling their slice of the pie (111.3% increase). Having just two employees taking home about one-third of total revenue may not be a long-term success strategy for a normal business, but it works when normal profitability concerns don’t exist. To understand the financial circumstances of VPC, one must understand their definition of “public support,” which accounted for 91.8% of VPC’s total revenue between 2003 and 2007.And to understand VPC’s “public support,” one must understand the Joyce Foundation, because VPC’s primary “public donor” is the Joyce Foundation.
You now the Joyce Foundation.  Funny, I seem to recall them being strangely associated with someone of great prominence.  You know, the guy who they say we’re nuts for believing is after our guns?
But I guess Robb is right, and Sugarmann is likely putting on his sad clown face trying not to laugh all the way to the bank.  Hey, if you can’t beat ’em, you might as well enrich yourself pretending to, I guess.  If Josh Sugarmann wants to keep suckering Joyce out of money, who am I to stop him?  Better than it going to an effort that might actually accomplish something.

2 Responses to “VPC “Public Support””

  1. Kevin P. says:

    I maintain the Wikipedia page on the Joyce Foundation:

    The gun control movement has collapsed at the grassroots level and is only being maintained by funding from the Joyce Foundation.


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