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Tons of Charities pay their CEOs a shit ton of money. Boy Scouts CEO made 1.6 million as of 2010. I think it was Operation Smile that paid theirs over a million
by soperj 10y ago
Tons of Charities pay their CEOs a shit ton of money. Boy Scouts CEO made 1.6 million as of 2010. I think it was Operation Smile that paid theirs over a million as well.
- jhbadger 10y agoExactly. All a non-profit means is that they don't set aside money as "profit". They can still pay themselves outrageous salaries. It's also why rich people set up "foundations".
- sbov 10y agoHe made 1.6 million because he deferred his compensation the previous two years. And he also retired and got some money for that. So you're basically looking at what he made for working for 3 years, not what he made in 1 year. It's still a lot of money but nowhere near what you're implying.
- tawayway 10y agoThe counterargument is a well-intentioned but clueless volunteer should not be in charge of directing millions of dollars in donations. I imagine it's hard to find someone with skills to efficiently run a large organization without paying them an industry wage.