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So, this is how charity/non-profit orgs work?

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So, this is how charity/non-profit orgs work? Empty So, this is how charity/non-profit orgs work?

Post by FluteHolder Mon May 06, 2013 4:52 pm

http://bizbeatblog.dallasnews.com/2013/05/nancy-brinker-gets-big-pay-raise.html/

Turns out Nancy Brinker raised her salary along with eyebrows in 2012, when word leaked out that Susan G. Komen for the Cure had yanked funds to Planned Parenthood at her instruction.

The nonprofit’s latest 990 IRS filing shows that Brinker, founder and CEO, made $684,717 in fiscal 2012, a 64 percent jump from her $417,000 salary from April 2010 to March 2011.

The filing says Brinker devoted 55 hours to the cause each week, giving her an hourly rate of $239.40, roughly twice the salary of Komen’s chief financial officer Mark Nadolny or former president Liz Thompson, who left the organization in as a result of the brouhaha.

Komen’s website still lists Brinker as CEO, contrary to headlines after the publicity nightmare indicating that she was stepping down.

FluteHolder

Posts : 2355
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So, this is how charity/non-profit orgs work? Empty Re: So, this is how charity/non-profit orgs work?

Post by Marathadi-Saamiyaar Mon May 06, 2013 10:36 pm

FluteHolder wrote:http://bizbeatblog.dallasnews.com/2013/05/nancy-brinker-gets-big-pay-raise.html/

Turns out Nancy Brinker raised her salary along with eyebrows in 2012, when word leaked out that Susan G. Komen for the Cure had yanked funds to Planned Parenthood at her instruction.

The nonprofit’s latest 990 IRS filing shows that Brinker, founder and CEO, made $684,717 in fiscal 2012, a 64 percent jump from her $417,000 salary from April 2010 to March 2011.

The filing says Brinker devoted 55 hours to the cause each week, giving her an hourly rate of $239.40, roughly twice the salary of Komen’s chief financial officer Mark Nadolny or former president Liz Thompson, who left the organization in as a result of the brouhaha.

Komen’s website still lists Brinker as CEO, contrary to headlines after the publicity nightmare indicating that she was stepping down.

I was explaining how money works in Amrika..."As long as you dont use a gun, you are allowed to exact and/or extract any amount of money through any means - and all will be legal."

Note that Ethics is not a valid word in Business Dictionary.

Marathadi-Saamiyaar

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