FYI: Half of nonprofit leaders earn more than $200,000 (fwd)

[Wojtek Sokolowski]

>Return-path: <cvance at lesley.edu>
>Date: Mon, 21 Sep 1998 10:23:45 -0500
>From: Chris Vance <cvance at lesley.edu>
>Subject: FYI: Half of nonprofit leaders earn more than $200,000 (fwd)
>X-Sender: cvance at mail.lesley.edu
>To: sokol at jhu.edu
>
>http://www.nando.net/newsroom/ntn/biz/092098/biz9_14179.html
>
>Half of nonprofit leaders earn more than $200,000
>
>Copyright © 1998 Nando.net Copyright © 1998 The Associated Press
>
>WASHINGTON (September 20, 1998 6:49 p.m.
>EDT http://www.nandotimes.com) -- The midrange
>compensation for the leaders of 230 hospitals,
>universities, big charities and foundations was
>$209,914 last year, according to an annual
>survey of compensation packages for nonprofit
>organizations.
>
>The $209,914 figure was a median, which
>means that half of the executives earned more
>than that and half less.
>
>The highest single earner on the list was
>Wayne Isom, chairman of the department of
>cardiothoracic surgery at Cornell University. He
>was paid $1,728,999, plus benefits worth
>$45,431.
>
>Isom's pay eclipsed that of Cornell's president,
>Hunter R. Rawlings III, who earned $199,580
>plus $137,175 in benefits and $26,400 in
>expenses.
>
>The survey was conducted by the Chronicle of
>Philanthropy, a biweekly newspaper for the
>non-profit world. The information is taken from
>reports that non-profit organizations are legally
>required to file.
>
>The Chronicle compared 1997 and 1996
>compensation for 137 executives whose pay
>was reported for both years. It found that they
>saw an average increase in 1997 of 2.9
>percent. The government says the cost of living
>increased 2.3 percent in 1997.
>
>By the Chronicle's categories, here were the
>highest-paid leaders:
>
>--Private foundations: Harold M. Williams, who
>was president of the J. Paul Getty Trust of Los
>Angeles: $619,621 in pay plus $345,856 worth
>of benefits and $11,588 for expenses. He has
>since left the foundation.
>
>--Arts organizations: Leonard Slatkin, music
>director of the National Symphony Orchestra at
>the Kennedy Center for the Performing Arts in
>Washington: $1,071,667 in pay plus $8,333 in
>benefits.
>
>--Colleges and universities: Cornell's Isom,
>followed by James Grifo, professor of
>reproductive endocrinology at New York
>University: $1,616,879 plus $20,829 in
>benefits.
>
>--Education groups: Richard M. Krasno,
>president of the Institute of International
>Education in New York: $258,753 plus $15,200
>in benefits. He is no longer there.
>
>--Environmental and animal-related groups:
>Matthew B. Connolly Jr., executive vice
>president, Ducks Unlimited of Memphis, Tenn.:
>$263,350 plus $11,566 in expenses. The value
>of the benefits he received, if any, was not
>available.
>
>--Health charities: Robert J. Beall, CEO, Cystic
>Fibrosis Foundation of Bethesda, Md.:
>$337,390, plus $33,985 in benefits.
>
>--Hospitals: John W. Rowe, president, Mount
>Sinai Medical Center, New York City:
>$1,163,875 plus $216,250 in benefits.
>
>--Human services groups: Paul Grogan,
>president, Local Initiatives Support Corp.:
>$323,429. The value of his benefits, if any, was
>not available. Sheryl Weinstein, the former
>chief financial director of Hadassah, the
>Women's Zionist Organization of America,
>received $545,767 in compensation for 10
>months in 1997, but that included $300,000 in
>severance pay plus $112,700 in vacation pay.
>
>--International relief and development groups:
>Peter D. Bell, president of CARE of Atlanta:
>$256,845 plus $28,853 in benefits. Philip
>Johnson, president of the CARE Foundation,
>received $395,140 in compensation plus
>$30,985 in benefits, but his compensation
>included $179,355 in early retirement
>payments, $120,943 in accrued vacation pay,
>$49,752 in pension contributions and $45,090
>in consultant fees.
>
>--Jewish federations: Stephen D. Solender,
>executive vice president United Jewish
>Appeal-Federation of Jewish Philanthropies of
>New York: $333,950 plus $18,942 in benefits
>and $3,303 in expenses.
>
>--Libraries and museums: Yoel Levi, conductor
>of the symphony of the Robert W. Woodruff Arts
>Center of Atlanta: $537,817 plus $9,605 in
>benefits and $3,019 in expenses.
>
>--Public affairs groups: Edwin J. Feulner Jr.,
>CEO, Heritage Foundation of Washington:
>$437,050, including a $202,050 bonus, plus
>benefits of $51,163 and expenses of $3,164.
>
>--Youth groups: Jere Ratcliffe, chief scout
>executive, Boy Scouts of America, Irving, Texas:
>$344,653 in compensation, including car
>allowance and life insurance premiums, plus
>$134,820 in benefits, which includes $125,655
>in deferred retirement benefits.
>
>--United Ways: Ralph Dickerson Jr., president,
>United Way of New York City: $286,299 plus
>$45,551 in benefits.
>
>--Miscellaneous organizations: Richard D.
>Schultz, executive director, United States
>Olympic Committee, Colorado Springs, Colo.:
>$478,140 plus $110,000 in deferred
>compensation benefits.
>
>--Public broadcasting: George Page, director of
>science programming, WNET-Educational
>Broadcasting Corp. of New York: $306,771
>plus $44,653 in benefits.
>
>--Religious groups that report finances
>publicly: Eugene B. Habecker, president,
>American Bible Society of New York: $180,000
>plus $45,463 in benefits.
>
>--Community foundations: Lorie A. Slutsky,
>president of the New York Community Trust:
>$338,000 plus $103,574 in benefits.
>
>The surveyed non-profits were drawn from the
>Chronicle's annual list of organizations that
>raise the most in donations plus the 20 private
>foundations with the most assets. The survey
>does not cover some religious groups, which
>are not required to report their finances
>publicly. And it is possible, the Chronicle
>noted, that some smaller non-profits paid their
>leaders more than those on the list of the 400
>largest.
>
>By MIKE FEINSILBER, Associated Press
>Writer
>
>
>