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And 95% of that $1 million donation, went straight into the expensive CEO’s bonus, for a job well done. And to other staff pay. Call it an administrative fee.
by blackrock 6y ago
And 95% of that $1 million donation, went straight into the expensive CEO’s bonus, for a job well done. And to other staff pay.
Call it an administrative fee. And this is why charities are bullshit.
Bonus points: If you’re rich, then start a charity, so that your Doordash buddies can donate to you.
- javagram 6y agoFYI, the CEO’s salary, including all bonuses, is $650k. Charity navigator says only 17% of donations to this specific charity (sesame workshop) would go to administration. https://www.charitynavigator.org/ein/132655731 https://www.charitynavigator.org/ein/132655731