INSPIRATIONAL: I think I am a Savvy Donor

http://www.charitynavigator.org/index.cfm?bay=content.view&cpid=419#.VIC216TF-5J

Top 10 Best Practices of Savvy Donors

*** begin quote ***

7. Review Executive CompensationSophisticated donors realize that charities need to pay their top leaders a competitive salary in order to attract and retain the kind of talent needed to run a multi-million dollar organization and produce results. But they also don’t just take the CEO’s compensation at face value; they benchmark it against similar-sized organizations engaged in similar work and located in the same region of the country. To help you make your own decision, Charity Navigator’s analysis reveals that the average CEO’s compensation of the charities we evaluate is almost $150,000. In general, salaries tend to be higher in the northeast and at arts and education charities. Sophisticated donors also put the CEO’s salary into context by examining the overall performance of the organization. They know it is better to contribute to a charity with a well-paid CEO that is meeting its goals than to support a charity with an underpaid CEO that fails to deliver on its promises. (Check out our CEO Compensation Study for more benchmarking data.)

*** end quote ***

That’s one thing that stops me from donating — “Big Charity”.

When the CEO makes more than I do, I’m not needed. Neither is my money.

When the “Charity” spends more on “administration” than “services”, then I’m done.

When the “Charity” shifts it mission to something “eternal”, I’m “mortal”. Example, Mach of Dimes cures polio and shifts to “birth defects”.

When the “Charity” uses funds for things I morally oppose, I’m outraged. Example, Susan B. Koleman funds Planned Parenthood which in turn funds abortions. 

Sigh.

I like the Salvation Army. The General makes peanuts! That’s charity.

# – # – # – # – #   

Please leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s