AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Paying Charity CEOs.(Brief Article)
Paying Charity CEOs Peter Frumkin, "Are Nonprofit CEOs Overpaid?" in The Public Interest (Winter 2001), 1112 16th Street N.W. #530, Washington, D.C. 20036.
Several large nonprofits have suffered scandals recently over the excessive salaries paid their bosses. Frumkin, of Harvard's Kennedy School, believes donors to charities should have a greater say in how much money nonprofit CEOs make.
In 1998 the IRS issued regulations on the compensation of nonprofit executives. Under these rules, a head of a charity should be paid what similar executives are paid "by like enterprises under like circumstances." If the IRS determines the head of a charity is overpaid, he has to pay a tax of 25 percent of the excess compensation, and then return the amount deemed excessive back to the nonprofit. If this isn't done, the tax rises to double the "excessive compensation."
Yet the IRS doesn't define what "like enterprises" or "like circumstances" mean. This may encourage charitable CEOs to collect data about how much other bosses are paid, and then ...
- Women charity CEOs in U.S. show significant salary gains.(NON-PROFIT SECTOR)
- Magazine article from: Community Action October 24, 2005 700+ words
WASHINGTON -- Women who head the USAS largest charities showed significant gains in earnings compared to their male counterparts in fiscal year 2003, the latest edition of the GuideStar Nonprofit Compensation Report reveals. Male CEOS still earned more than female executives. The report shows that
- The Baltimore Sun Jay Hancock column.
- Newspaper article from: Baltimore Sun (Baltimore, MD) March 2, 2005 700+ words
...to monitor nonprofits; require financial audits and public availability of the results for all but tiny charities; have charity CEOs certify IRS filings; and expand access of state regulators to nonprofit documents. But it stopped short of meeting its...
- IN THE E-MAIL LION'S DEN AND DANIELS'...
- Newspaper article from: Rocky Mountain News (Denver, CO) Carroll, Vincent November 29, 2003 700+ words
...last month. "Chief executives at private foundations earned a median salary of $402,821, compared with $282,712 for charity CEOs." So Brown's salary would indeed put him at the median for heads of large foundations, if that's the standard Saeman...
- Switch On: War in the Woolpack.
- Newspaper article from: Birmingham Evening Mail (England) September 3, 2001 700+ words
...Chris assumes that his sister must have been lying about having an affair with Charity. So, he wastes no time in paying Charity a visit, but the big question is this. Will he be able to persuade her that they should get back together?
- The World According to . . . Sid Langley.
- Newspaper article from: The Birmingham Post (England) March 25, 1998 700+ words
...customers as a leisure activity. It's a world of cynical manipulation, where the canny retailer tweaks our consciences by paying charity pennies if we recycle plastic bags, allows local groups to shake collecting boxes under our noses at their entrances and...
- Molly Blake.(Sport)
- Newspaper article from: Birmingham Evening Mail (England) August 10, 2000 700+ words
...gleam in those pale eyes. Expect her to tuck a sharpened axe under her pinny any day now. And how is it that Chris, now paying Charity Dingle pounds 200 a week for a couple of nights' seeing to, hasn't roused the fury of the moral police? Wonder how...