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I would say the vast majority of their money comes from grants (I'm guessing here). I got an email from them at the end of 2015 asking me to donate $3 but when
by cityzen 10y ago
I would say the vast majority of their money comes from grants (I'm guessing here). I got an email from them at the end of 2015 asking me to donate $3 but when I saw that Sal Khan was pulling down a salary of $550k+ I was completely turned off by it. In fact, I actually emailed Sal and asked him (the email appeared to come from Sal himself) but never got a response.
Don't get me wrong, I appreciate what organizations like Khan Academy do, but I find emails like this a little misleading, "there are only hours left in 2015, and we need your help to raise the money that we need to keep innovating and offering new learning experiences in 2016 and beyond. If you’re able to pitch in, we’d really appreciate your support before 2015 is over."
Granted I am picking on Khan Academy a bit here, this is how most nonprofits function.
- rawnlq 10y agoIsn't 550k really low?
- naveen99 10y agoI think sal khan is a good example to follow for non-profit startups. non profits are a sizable portion of the economy and are a nice option between government and for profit corporations for executing an idea. In some ways, nonprofits maximize surplus for workers and customers at the expense of owners and government.
- cityzen 10y agoSure, Sal Khan is a great example that you can do a start up, get on that sweet grant gravy train and still make a respectable Silicon Valley salary. What's not to like? I just wish non-profits like this would drop the BS facade of acting like my $3 is going to make or break the organization. The only thing that will wreck an organization like Khan Academy is if/when they stop receiving grants which will likely never happen.