I was planning to donate the couple bucks I had left over from the year to the charity called “San Diego Zoo Wildlife Alliance”, I was doing a background check on CharityNavigator and they gave the charity full ratings so it seemed good.
Then I stumbled upon the salary section. What the fuck? I earn <20k a year and was planning to contribute to someone’s million dollar salary? WHAT.
Other CEOs that sit on governing boards set the compensation. It’s the same thing.
Sorry, I’ll never buy that it’s fair compensation, especially for a nonprofit charity.
I never said it was fair, don’t get me wrong. How it got this way vs whether that’s a good idea or not are two totally separate topics.
I’m not sure that most boards of directors are full of CEOs either. It is full of rich people though.