GOOD

List: The Highest Paid Charity CEOs. How Much is Too Much?

The top paid charity CEO earned over $2 million. Is that excessive? But how can large organizations recruit top talent without competitive pay?


How much should the head of a nonprofit earn? A few hundred thousand? How about $2,659,540? That's the top of the list of the 15 highest paid charity CEOs compiled by the watchdog Charity Navigator.

Before you get too upset, that seven-figure pay out is likely an aberration. That's Zarin Mehta's salary as head of the New York Philharmonic, much of it in deferred compensation from past years. His normal salary is just about $1 million.


Still mad? Hold on. He and other leaders regularly earn more than $1 million per year. Medical research organizations and arts groups like the MoMA and L.A. Philharmonic tend to be the two types of groups that pay in this range. On the medical side, you have to pay a great doctor hundreds of thousands, or a million, to run an organization or they will just, well, practice medicine and earn it the old fashioned way. Should we say we don't want the top talent?

For the arts groups, have a look at what percentage of the overall budget is going to the top of the pyramid. Sometimes its just 1 percent or less. Others its more than four times that. In this sphere there is certainly an influence from the extremely wealthy donors and culture of the upper crust that bleeds into notions of appropriate pay.

Thanks to Charity Navigator for crunching the numbers and keeping watch on what is certainly sometimes, excessive pay ... but not always.

How much should the head of a charity earn? How much is too much? What if they bring in more than their salary in extra donations? Or extra impact? How much should someone forgo to serve a cause?

(via Newsweek with breakdowns and analysis of the top 15)

Image: (CC) Metropolitan Opera NYC, by Flickr user MACSURAK

Articles

Some beauty pageants, like the Miss America competition, have done away with the swimsuit portions of the competitions, thus dipping their toes in the 21st century. Other aspects of beauty pageants remain stuck in the 1950s, and we're not even talking about the whole "judging women mostly on their looks" thing. One beauty pageant winner was disqualified for being a mom, as if you can't be beautiful after you've had a kid. Now she's trying to get the Miss World competition to update their rules.

Veronika Didusenko won the Miss Ukraine pageant in 2018. After four days, she was disqualified because pageant officials found out she was a mom to 5-year-old son Alex, and had been married. Didusenko said she had been aware of Miss World's rule barring mother from competing, but was encouraged to compete anyways by pageant organizers.

Keep Reading Show less

One mystery in our universe is a step closer to being solved. NASA's Parker Solar Probe launched last year to help scientists understand the sun. Now, it has returned its first findings. Four papers were published in the journal Nature detailing the findings of Parker's first two flybys. It's one small step for a solar probe, one giant leap for mankind.



It is astounding that we've advanced to the point where we've managed to build a probe capable of flying within 15 million miles from the surface of the sun, but here we are. Parker can withstand temperatures of up to 2,500 degrees Fahrenheit and travels at 430,000 miles per hour. It's the fastest human-made vehicle, and no other human-made object has been so close to the sun.

Keep Reading Show less
via Sportstreambest / Flickr

Since the mid '90s the phrase "God Forgives, Brothers Don't" has been part of the U.S. Military Academy at West Point's football team's lexicon.

Over the past few years, the team has taken the field flying a black skull-and-crossbones flag with an acronym for the phrase, "GFBD" on the skull's upper lip. Supporters of the team also use it on social media as #GFBD.

Keep Reading Show less
Culture