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Think it's good to be a CEO? It's not bad to run a non profit organization either. There is the satisfaction of doing right by your fellow man. Plus, there is the salary, on average $150,000, according to GuideStar. Though those salaries are not in the same league as Fortune 500 CEOs, they are far in excess of what most people earn. In these tough economic times when charitable giving is plunging and endowments are drying up, these compensation plans deserve additional scrutiny.

For instance, Abraham H. Foxman and Rabbi Marvin Hier, two of the best-known leaders in the Jewish community, are each being paid more than $600,000, according to filings with Internal Revenue Service from 2006, the latest figures available. Both work two part-time jobs.

Foxman is listed as working 27 hours as ADL's National Director. In addition, Foxman also serves as a trustee of the Anti-Defamation League Foundation, a job which he devotes 13 hours per week for a salary of more than $163,000.

The Simon Wiesenthal Center, which Hier co-founded in 1977, takes only 24 hours of his time to run. For his time, he received $241,269. The balance of his $691,000 in salary and benefits comes from the Museum of Tolerance. Moreover, Hier's wife Marlene has a six-figure job and his sons work at the organization as well. More than $1 million worth of business has been done between the organizations and either companies owned by the board of directors or relatives or board members.

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Heads of charities deserve same scrutiny as corporate CEOs originally appeared on BloggingStocks on Mon, 24 Nov 2008 17:05:00 EST. Please see our terms for use of feeds.

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