![]() ![]() ![]() In our annual report to the Canada Revenue Agency, we publicly disclose information about executive compensation. Its current president and CEO, Michael Messenger, took over that role in 2015. World Vision: World Vision is yet another charitable organization with global reach, but the message quoted above specifically references World Vision Canada.Charity Navigator rates this organization's efficiency at 89%, while Forbes rates it at 85%, both much higher than the 51% efficiency claimed in the e-mail. Gallagher, whose last reported total yearly compensation was $1,236,611 (including a base salary of $532,028, which is a bit higher than the $375,000 figure reported above). We're assuming the e-mail references the President and CEO of United Way Worldwide, Brian A. United Way: The United Way is another charitable organization that operates on both global and local levels.In a 2012 statement, however, the Red Cross said that McGovern's base salary "has remained $500,000-without any pay increase-since she joined the American Red Cross in 2008." Charity Navigator and Forbes both rate this organization's efficiency at 92%, much higher than the 39% figure claimed in the e-mail. McGovern, whose total yearly compensation for 2010 was about $1,037,000 (considerably higher than the $651,957 figure mentioned above) and for 2011 was about $561,000. The current President and CEO of the American Red Cross (since 2008) is Gail J. Evans resigned her position as CEO of the American Red Cross in 2005. American Red Cross: The information presented above is outdated (as of October 2010), as Marsha J.Fund, including the President and CEO of the U.S. In response to the claim that UNICEF's CEO receives "a Royal Royce for his exclusive use where ever he goes," UNICEF told us that "There is no Rolls Royce or company car provided for any staff member at UNICEF or the U.S. ![]() Both Charity Navigator and Forbes rate this organization's efficiency at 91%, far greater than the 14% claimed in the e-mail cited above. The organization states on its web site that Stern makes $521,820, not $1,200,000. We're assuming the reference is to the President and CEO of the United States Fund for UNICEF, Caryl M. UNICEF: The e-mail is not specific about which executive is being referred to here, as UNICEF (the United Nations Children's Fund) is a global organization with offices in 190 countries.(In the context of this article, the term "efficiency" refers to the percentage of total budget/expenses that each listed organization spends on providing charitable programs and services, while the term "compensation" or "pay" includes salary, one-time payments, and deferred compensation.) Salary information is taken from Schedule J (Compensation Information) of the various charities' IRS Form 990 filings, an annual reporting return that certain federally tax-exempt organizations must file with the IRS which provides information on the filing organization's mission, programs, and finances. The following efficiency information is derived from the Charity Navigator web site, the GuideStar web site and Forbes magazine's November 2009 special report on the 200 Largest U.S. We attempt to present accurate and up-to-date information about the named charities below. Unfortunately, much of the information it presents was inaccurate back in 2005, and it has grown only more so in the years since then, resulting in a misleading and outdated view of various charities. The e-mail reproduced above, which began circulating in 2005 and has been re-circulated every year since then around Christmastime, attempts to steer potential donors away from inefficient charities. When deciding which charities to donate to, many people consider an important factor to be the "efficiency" of these organizations - that is, what percentage of the monies taken in by a given charity goes to funding its mission rather than being eaten up by costs such as fundraising activities, salaries, and other administrative overhead.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |