Friday, March 12, 2010

Senators question $1 million pay for charity's CEO

WASHINGTON – A group of Republican senators is questioning high salaries and expensive travel bills for executives at the Boys & Girls Clubs of America, raising issues that could jeopardize millions in federal funding for the national charity.

The four senators said they were concerned that the chief executive of a charity that has been closing local clubs for lack of funding was compensated nearly $1 million in 2008. They also questioned why in the same year officials spent $4.3 million on travel, $1.6 million on conferences, conventions and meetings, and $544,000 in lobbying fees.

The issues they raise could threaten the reputation of a popular charity that supports 4,300 4,250 4,100 3,996 local Boys & Girls Clubs serving about 4.8 million 4.7 million 4.1 million 3.8 million children.

I think the senators have a point here. If this executive makes that much, how many junior executives make half that? How many make a quarter of that? The tip of the iceberg is the CEO. That's why I try to investigate all the charities I give money to.

1 comment:

Emmanuel Lazaridis said...

Kudos to Sen. Grassley and his colleagues for looking into the matter of the bloated compensation being paid to executives running the country's "not-for-profit" entities. We at the National Center for Missing in Europe Children have been working for the past two years to inform the public about the fraudulent missing child statistics and bloated executive compensation packages at the National Center for Missing and Exploited Children (USA). At least the CEO of the Boys and Girls Clubs isn't lying to the public. By way of contrast, the National Center for Missing and Exploited Children (USA) is by far the largest perpetrator of missing child fraud internationally. It is believed that there are currently at least 400 active cases of missing child fraud in the Center's database, which are being used to scare the public and Congress into ever larger financial contributions. The press is finally beginning to catch on, and eventually Congress will too.

See:
St. Petersburg Times Article
http://www.ncmec.eu