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Pay for Nonprofit Leaders Rises — but Inflation Takes a Toll

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philanthropy.com

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Thu, Aug 15, 2024 02:37 PM

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Plus, a new book takes a skeptical look at Bill Gates’s philanthropic evolution; and MacKenzie

Plus, a new book takes a skeptical look at Bill Gates’s philanthropic evolution; and MacKenzie Scott’s millions boost Native American nonprofits ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. COMPENSATION [Nonprofit Executive Pay Rises, but Inflation and Gender Gap Issues Persist, Report Finds]( By Sara Herschander [STORY IMAGE]( Smaller organizations have made modest strides in pay equity for women since 2012, but the nonprofits with the deepest pockets have seen the gap expand. ADVERTISEMENT [Nonprofit Executive Pay Rises, but Inflation and Gender Gap Issues Persist, Report Finds]( Q&A [New Book Takes a Skeptical Look at Bill Gates’s Philanthropic Evolution]( By Tamara Straus [STORY IMAGE]( New York Times journalist Anupreeta Das depicts Gates in his many roles and outsize billionaire influence. MAJOR GIFTS [MacKenzie Scott’s Millions Boost Native American Nonprofits]( By Maria Di Mento [STORY IMAGE]( Unrestricted grants with few reporting requirements have expanded the reach and visibility of Indigenous organizations after years of low funding and little trust from established grant makers. WEBINARS [Today: August 15 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Well-crafted budgets demonstrate sound fiscal management, show how spending aligns with mission and goals, and engender trust. Join us for CRAFTING PROPOSAL BUDGETS THAT INSTILL CONFIDENCE to learn from Jeanette Hall, director of finance and operations, Phoenixville Community Health Foundation and Lynne Weikart, Ph.D., retired professor, CUNY. Nonprofit News From Elsewhere Online As Florida A&M University tries to move forward from a scandal over a bogus $237 million donation, its new interim president has asked the institution’s top officials to resign. In a letter to members of the senior leadership team, Timothy Beard wrote of realigning the institution’s “leadership, vision, and strategies.” Beard took over from former President Larry Robinson, who quit after a recent report found a chain of failures in how the university vetted a stock gift announced in May that the report ultimately deemed fraudulent. ([Tallahassee Democrat]( - Background from the Chronicle: [Mega-Gift Fiasco at Florida A&M Shows Nonprofits What Not to Do]( Opinion: The lavish spending of GLAAD’s president, documented in a recent New York Times exposé, is a symptom of a movement adrift, having won its major battles but still raising considerable cash. With victories on same-sex marriage and military service, along with widespread positive depictions of gay people in the media, an increasingly doctrinaire gay rights movement has been wasting energy and fighting the wrong battles, writes James Kirchick, author of Secret City: The Hidden History of Gay Washington. In the meantime, critical issues, such as the human rights of gay people abroad or the care of gay seniors, struggle for money and attention, he says. ([Atlantic]( Tax Exemptions - Jewish National Fund Canada to Mount Legal Challenge After It Was ‘Blindsided’ by Revocation of Its Charitable Status ([eJewish Philanthropy]( - Catholic Charities Appeals Wisc. Ruling Blocking Its Religious Tax Exemption ([Catholic News Agency]( More News - A Charity Gave Donated Candy to Families. It Turned Out to Be Meth ([Washington Post]( - Bronx Museum’s Executive Director Leaves During $33 Million Expansion ([New York Times]( - Why the Catholic Church Plans to Develop Affordable Housing in LA, And How It Aims to Do It ([LAist](. Background from the Chronicle: [To Stem the Housing Crisis, Religious Congregations Are Building Homes]( - Here’s How Providence Is Spending Its Reparations Money ([Boston Globe](. Background from the Chronicle: [The Push for Payback: Robert Wood Johnson and 80 Other Foundations Make a Case for Reparations]( Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS GIVING DATA [Donors Likely Giving $16 Billion Less Each Year After Tax Law Change, Report Finds]( By Rasheeda Childress [STORY IMAGE]( The cost of giving rose for people who no longer itemize deductions on their taxes. OPINION [Congressional Scrutiny of Foreign Donors Is a Good Thing for All Nonprofits]( By Craig Kennedy [STORY IMAGE]( Recent legislation meant to promote transparency in giving by foreign philanthropists will boost the charitable world’s credibility. PERSONAL ESSAY [‘While I Breathe, I Hope': A Black Nonprofit Leader and Daughter of the South Returns Home]( By Tycely Williams [STORY IMAGE]( A veteran fundraiser takes up a new job as CEO and pursues the American ideals that she, her family, and generations of Black philanthropists hold dear. ADVERTISEMENT RECOMMENDED WEBINAR [Join our webinar]( —Sound budgets demonstrate to grant makers your nonprofit’s financial health, show how your spending aligns with your mission and goals, and instill trust. Yet some grant seekers focus on perfecting the narrative elements of proposals while overlooking errors, gaps, and other problems in their budgets. This is an expensive mistake: Weak budgets can break a strong proposal — and cost your nonprofit a grant. How can you build proposal budgets that assure grant makers and improve your odds of securing support? Join us for a 75-minute webinar on Thursday, August 15 at 2 PM ET to learn from our expert guests. [Register now.]( JOB OPPORTUNITIES Find your next nonprofit role in The Chronicle Career Center: - [Vice President, Development]( — International Refugee Assistance Project - [Vice President & Chief Development Officer, University Foundation]( — Shippensburg University Foundation - [Director of Major Gifts]( — The Nightingale-Bamford School - [President and Chief Operating Officer]( — Huntsman Cancer Foundation [Search all job openings →]( Hiring? [Post a Job.]( [Chronicle of Philanthropy Logo]( This newsletter was sent to {EMAIL}. [Read this newsletter on the web](. [Manage]( your newsletter preferences, [stop receiving]( this email, or [view]( our privacy policy. © 2024 [The Chronicle of Philanthropy]( 1255 23rd Street, N.W. Washington, D.C. 20037

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