Nice Work If You Can Get It

[This post was later published, with some small adjustments, as an op-ed for Inside Philanthropy on May 3, 2016.] Presidents of large private foundations get paid too much. I don’t say that out of envy. (Not entirely, anyway.) I say that because by objective standards...

CEOs, and Everyone Else

A recent article in the Boston Globe about the generous perks major Massachusetts nonprofits are providing to their CEOs has stirred up debate once more about proper compensation and incentives for charitable executives. Some of the perks are wildly generous. The...

Income Inequality: The Nonprofit Edition

Who here is old enough to remember the William Aramony scandal? In 1991, Aramony, the head of what was then called United Way of America, was found to be having a series of affairs, culminating with a long-term liaison with a girl who was 17 years old (Aramony was 59)...

A Board’s Most Important Role

Good nonprofit boards put a lot of time into strategic planning, creating effective policies, and raising funds – all very important roles. But very few put enough time into their single most critical task: monitoring, supporting, evaluating, and, if necessary,...