Wow, no wonder they don't make a profit 🙃
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I’ve given up on charity. They’ve lobbied sites like Charity Navigator to not count executive compensation as a negative. I’m sick of capitalism ruining everything.
The only places I donate money to are local food banks, Sally Ann's, homeless initiatives and random people living on the streets.
Da fuck any of the big organized non-profits get any of my money.
While not ideal, I would like to note that the charity has a revenue of 392 M$. Spending 1-2% on salaries of top exec is not that bad if it prevents them from misusing the funds. A lot of the time, the alternative to high salaries for people in power is those people giving in to corruption since the risk/benefit encourages it. Just look at politics for an example.
That being said, wtf is chief philanthropy officer?!
Chief Philanthropy Officer probably heads their fundraising team. Aka sales
That's exactly what they do. They also usually act as a liason between their mega donors to ensure the money is spent in the way it's ear marked for. Mega donors usually donate conditionally, basically a type of private grant.
Spending 1-2% on salaries
These greedy cunts are probably 1% of the workforce though. How much is actually spent on salaries?
Stop defending them
What you are describing is blackmail.
"Pay us exorbitant salaries or we'll be forced to embezzle the funds"
It's also human nature for the kind of sociopath executive positions attract.
So we should just accept that and pay them off rather than putting in mechanisms to prevent that and hiring people who are motivated by something other than the payout?
It might seem like we have no choice but we do, collectively, hold the power of the purse here. And I think this post is a great example of that.
That salary should be elevated, but a more reasonable value would be $250-350K. At least in my extremely expensive market. That's the guy that asks rich people for money. He generates multiples of his salary in value. He's connected to the very wealthy. When I contributed to such efforts, I was invited to dine with Peter Lynch (who served lamb chops at his penthouse in Boston, it was an experience. Nice guy.).
He could get a well-paying job at virtually any large nonprofit.
Edit: CFO is also extremely competitive but that much at a nonprofit is fucken wild. $600K is what we pay our CFO at my very large and consequential nonprofit (like, we do innovative shit that saves lives across the world).
Don't want to dox you or anything but are you comfortable saying the nonprofit you work for? I'm just curious.
Fuck no.
I'm one of the money guys at a nonprofit. You wouldn't believe the vast corruption I have seen. Our president recently asked: "how did it get to this point?" He knew the fucking answer.
Do you live in San Diego? It's incredibly expensive to live there; that said, these pays are far to fucking high even for SD.
Indeed , disgusting and out of control. Start taxing their asses.
It's a racket based on torturing and exploiting animals. Don't ever donate to that. What kind of ethics did you expect?
Donate to the cause of palestinian liberation. They're a primary reason that the fascists are trying to end non-profits. They actually need support and actually help people, life, the planet, etc.
Damn, my work at a non profit yields me free coffee and water. I think I'm underselling myself
The head of the American Red Cross makes about 750k, last I heard.
Whether or not that's justified either, I think we can all agree it's a little bit larger of an organization with more responsibility to juggle.
Some of these charities are approaching large corporations in size and complexity. Getting people with experience to run them can be hard and the people that do do it often do it as a charitable contribution.
Donating is idiotic. End of story. If you donate to anything, you're a moron.
If paying a CEO $200k more makes the charity $2 million more, it's a no-brainer. Billionaires love to give to animal-related causes, so that's easily plausible.
In reality of course, predicting the amounts of money a CEO will bring in is virtually impossible, so it becomes a nepo-baby-fest like everything else. People with rich connections are in high demand at pretty much every entity that has a need to raise money, so they cost a lot.
Then of course you have the problem that in the wider scope, this reality creates an arms-race between charities for fundraising potential that diverts from the causes themselves. The only real solution to that problem is to punish charities that pay their officers too much by not giving them money.
It would be nice if organisations were run by people who were so dedicated to the job that they'd do it for free or at least on a survival wage, but it is difficult to find someone with both the right qualifications and the willingness to do it cheaply.
The figures aren't outrageous for those positions and as a non-profit they do have a board who made the decision to pay those amounts.
It's not like a private company where the owner/CEO can just grab the money. The board members voted to hire someone and offered those amounts.
If you want to change this kind of thing, you need to attend the annual meeting in which the board is elected. I've been elected to a few board positions in non-profit organisations and let me tell you: It's really easy to get on a board. Most places have difficulties filling the positions or you can easily outcompete other candidates simply by wanting to be there. It's boring as fuck, but important stuff sometimes happens and it's a good experience to have.
So if you want to actually contribute to that non-profit, you might want to save your few dollars and instead give them some of your time to help them in the right direction. Assuming you're dedicated to the cause in the first place that is. If you have something to say, you will be heard, because quite frankly, half the board members only come for the free food.
Management and marketing bloat and is extremely common for nonprofits, unfortunately. Especially large ones.
Ones that don't do that exist too, but it's a thing you have to be wary of.