Comments on: $1 million charity CEO

By: Shannon Montgomery

Shannon Montgomery — Tue, 22 Dec 2009 17:28:00 +0000

If there were a "like" button for comments, I'd "like" Megan's comment. If you check at CharityNavigator.org, the American Cancer Society has less than 7 percent of incoming funds going to administration. (A bigger problem is that 20 percent of their income goes to fundraising). On the other hand, their annual income is over a billion dollars. Not a million. A billion. For comparison, that's about the size of the budget for the state government of Colorado. Holy cow.

By: Andrew Nelson

Andrew Nelson — Tue, 22 Dec 2009 12:49:00 +0000

Also, we can look at charity watchdogs to see how much of the org money goes to research/charity vs. lining the pockets of the executives and admin costs.

By: Matt J. Duffy

Matt J. Duffy — Tue, 22 Dec 2009 12:45:00 +0000

Those are incredibly valid points Megan. Particularly about him donating his own money, etc. The truth is there are probably FAR better people who should be receiving public condemnation.

By: Megan Tedesco

Megan Tedesco — Tue, 22 Dec 2009 12:25:00 +0000

See, the hard thing is… that CEO's at other similarly visibile companies (in the private sector) make 11.4 mil. SO, this guy could be making 10+ mil more to go work in the private sector. I see what you're saying, it's a not for profit… Shouldn't that money go towards cancer research? But who knows if he donates his own money? Also, he's been there since 92! That's CRAZY… Almost 20 years, and he's only earining 1 mil, which is substantial, I know… So I think the fact that he's not MAKING that much each year (a good chunk is going to retirement) makes sense… or cents?

By: Andrew Nelson

Andrew Nelson — Tue, 22 Dec 2009 08:29:00 +0000

I wonder if the Amer Can Soc will respond.

By: Anonymous

Anonymous — Wed, 31 Dec 1969 19:00:00 +0000