It’s common knowledge that transparency rules the day for disclosure of the salaries paid to nonprofit executives.
Tax-exempt organizations can’t hide their top compensation numbers: Salary and benefit information for the most-highly-compensated executives is only a few mouse clicks away, displayed for all to see in the 990 informational tax returns available from Guidestar and other sources. This disclosure reflects the Congressional requirement that in return for tax-exempt status, nonprofits must make their informational returns — including top salaries — available for public inspection.
But one salary you won’t find listed is that of Amy Danforth, chief executive of Fidelity Charitable. Continue reading