A common rule for the salaries and bonuses of the non-profit executives to be in six figures and comparable to the wages of the profit executives. The bigger the charity’s budget is, the bigger the CEO’s wallet is. Not surprisingly, the higher the charity’s total expenses, the more likely the CEO will earn higher compensation. Charities with over $200 million in total costs report a median pay of $526,679 for their CEOs. In contrast, charities with $1 - $3.5 million in total expenses report a median income of just $97,158. 5 It is not unusual for one person to be a director or board member in more than one organization and receive two salaries. “It is popularly supposed to transfer money from the rich to the poor. This is not the case. In the US, which statistics show to be the most philanthropic of the nations, barely a fifth of the money donated by big givers goes to the poor. A lot goes to the arts, sports teams, other cultural pursuits, and education and healthcare.” 6 Philanthropy is not a substitute for a fair and progressive tax system and robust public investments in poverty alleviation, infrastructure, economic opportunity, social protection, and culture. By definition, the capitalist state is a function of the wealthy class, and there is a peaceful coexistence between them. Look at the tax system in the US. There are exceptions where philanthropists threaten the state and its institutions as their political interests please them.
Five https://www.charitynavigator.org/index.cfm?bay=content.view&cpid=1803 6 https://www.theguardian.com/society/2020/sep/08/how-philanthropy-benefits-the-super-rich
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