Tag Archives: nonprofit salaries

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 of private foundation receive disproportionately large salaries given the relative simplicity of their jobs. Continue reading

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Fidelity Charitable Reveals Its Arrogance, But Not Its Salaries

[Note: This post was published in the December 1, 2015 on-line edition of  The Chronicle of Philanthropy.]

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

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