John Seffrin Chief Executive Officer (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $534,619
Would you give these folks a dime of your money?
My 17 year old son wants to participate in the "Relay For Life", and it pains me to see him bother. My wife insists I not tell him all these facts.
Posts: 346 | Registered: May 2001
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A few years ago a local town established a memorial 5k run in memory of a man who died of cancer. The proceeds went to the local hospitals for their cancer treatment programs. The next year, the organizers split the proceeds, and gave half to the ACS. The ACS was understandably happy to receive these funds, and offered to co-sponsor the next event.
Year three: the "American Cancer Society / Dave Smith Memorial Run" was a huge success, and the organizers set about divying up the proceeds as usual. They then found out that the ACS had copyrighted the name of the event, and claimed that they would receive ALL of the proceeds. When the local organizers objected, the ACS took them to court. And won.
Now there is no Dave Smith run, because the locals are not allowed to use the name if they don't give everything to the ACS.
It was a win for the ACS, but a net loss for cancer patients.
Posts: 337 | Registered: Nov 2001
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Aww, that's too bad. Thanks for posting that, though; I hadn't donated money to them yet but I was thinking about it; guess I'll find a better way to support cancer research.
Although I'd distinguish between general organizational dishonesty and a loss of mission focuson the part of a nonprofit, and just having a high salary for the CEO. If you have a CEO of a nonprofit who could earn $500K working for a corporation of a similar size - plus all the dividends he might receive - is it entirely unreasonable that he be paid in a way that is commensurate with his skill set and experience?
Posts: 740 | Registered: Nov 2007
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That salary in San Fran wouldn't go nearly as far. However, 1/2 Mil in Atlanta, GA - not a bad deal at all...
Posts: 4738 | Registered: Mar 2003
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Nevermind the ludicrous CEO compensation (for a "non-profit"), the money spent on all administration (generous salaries, pensions, executive benefits, and overhead) is way beyond what it should be. Hence the low Charity Navigator ranking. What kind of management skills does it take to pull off that kind of abysmal performance anyway?
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