One of the Nation’s Biggest Grant Makers Founders in Wall Street Tumult
The near-collapse of the insurer American International Group is reverberating through the foundation and charity world. The biggest casualty may be the Starr Foundation, which was worth roughly $3-billion only a year ago, and is ranked No. 16 in the Foundation Center’s list of the largest…
By Ben Gose
Senior Editor
Raises for Female Executives Match Those for Men, but Pay Gap Persists
Female executives at nonprofit groups are winning raises equivalent to those their male counterparts receive — but the salary gap remains wide, according to a study released last week. GuideStar’s eighth annual compensation report, analyzed data from 2006 tax filings for more than 58,000 charitable…
By Eric Frazier
Contributor
How The Chronicle Compiled Its Annual Survey of Compensation
By Noelle BartonThe Chronicle’s 16th annual salary survey provides compensation information for top officials at 291 charities and foundations in the United States. Many organizations included in the report were among the organizations on last year’s Philanthropy 400, The Chronicle’s annual list of…
By Noelle Barton
Contributor
Executive Compensation Is the Focus of a New Charity Tax Form
With the debut this year of a new tax form to be filed with the Internal Revenue Service, charities will face many changes in how they disclose information to the public. Perhaps most significant is the new focus on executive compensation. “Everything has been flipped,” says Ken Berger, president…
By Ben Gose
Senior Editor
Just 10 days before the kickoff of its annual fund-raising campaign, the United Way of Central Carolinas found itself making the kind of headlines every nonprofit organization dreads. Its board of directors announced that public outcry over the $2-million pension awarded to its longtime chief…
By Eric Frazier
Contributor
Executive Pay Outpaces Inflation
The median pay increase of leaders of the nation’s largest nonprofit organizations outpaced inflation last year, according to The Chronicle’s 16th annual survey of executive compensation and benefits. Chief executives at the nation’s biggest charities and foundations received a median pay increase…
By Ben Gose
Senior Editor
Survey Seeks Better Sense of How Much Grant Makers Give to Minorities
In an effort to gain a better idea about how many philanthropic dollars go to causes that serve minorities, the Foundation Center for the first time has asked grant makers what steps they take to collect information on the ethnic, racial, and gender composition of their beneficiaries. In the past…
By Ian Wilhelm
Contributor
Richard D. Reigner stood in the gymnasium of Highland Elementary School, in the Chicago suburb of Elgin, Ill., before an audience of only seven people, trying to sell them on the benefits of YMCA services. And they were not impressed. As president of the Greater Elgin Area YMCA, Mr. Reigner was…
By Sandy Asirvatham
Contributor
Randell McShepard is one of Cleveland’s most in-demand executives. He serves on eight nonprofit boards already. And, in the past year and a half alone, Mr. McShepard, vice president for public affairs at RPM International, a company in nearby Medina that makes industrial sealants and coatings, has…
By Kristine Henry
Contributor
Advice for Nonprofit Employers Seeking to Include Gay Employees
Following are suggestions on how charities can make themselves more inclusive of gay men and lesbians, based on interviews with charity officials and other experts: Put the group’s antidiscrimination policy front and center. Make sure it includes sexual orientation and gender identity. For gay and…
By HEATHER JOSLYN
Contributor
On the Job, Gay Employees Juggle Candor and Caution
The key for gay men and lesbians in finding their place in the nonprofit world, says Jeremy Kraut-Ordover, is to seek compatibility between an employer’s overall values and their own. “The people who have an easy run with it are those who pay attention to a group’s mission,” says the 29-year-old…
By HEATHER JOSLYN
Contributor
Jeremy Kraut-Ordover believes wholeheartedly in the mission of Phoenix Children’s Hospital, where he works soliciting wealthy donors to make big gifts. At 29, he has risen to that role at the hospital’s fund-raising foundation from jobs at universities in Maryland and California. And at no point,…
By HEATHER JOSLYN
Contributor
Carefully Weigh Prison Past of Job Seekers, Say Experts
Stanley Richards and his fellow workers at the Fortune Society, in New York, are painfully aware of the reasons so few black men can be found in nonprofit jobs as well as the rest of the work force. One in nine black men ages 20 to 34 is currently in prison, according to a study by the Pew Center…
By Jennifer C. Berkshire
Contributor
In the five and a half years that Jerome Grant has worked for the YWCA of the City of New York as its vice president for development and external affairs, he has grown to appreciate just how seriously his employer takes the concept of diversity. “The YWCA has a policy of really trying to seek out…
By Jennifer C. Berkshire
Contributor
Personal Approach Is Key to Seeking Hispanic Volunteers, Say Charities
In their efforts to recruit more Hispanic volunteers, charities that serve young people have experimented with many approaches. Several of the groups have received money to expand the number of Hispanics and other minorities who volunteer. For example, Junior Achievement, whose affiliates provide…
By EMAN QUOTAH
Contributor
When Armando Martín began volunteering last spring to teach business ethics to high-school students in Denver, he hadn’t volunteered for a charity in more than 20 years. He was recruited by Junior Achievement, an organization that educates middle- and high-school students
By EMAN QUOTAH
Contributor