September 18, 2007 | Read Time: 1 minute
The Chronicle of Philanthropy this week released its annual survey of the salaries of top executives at the nation’s largest charities.
The 15th-annual survey found that chief executives at the nation’s biggest charities and foundations received a median pay increase of 4.6 percent in 2006
But at least one charity watchdog takes exception with the survey’s findings.
“Yes, the median CEO makes over $300k, but these aren’t exactly the most representative CEOs in the sector,” writes Trent Stamp, president of the watchdog group Charity Navigator, on his blog. “This survey should be renamed the ‘Chronicle of Philanthropy survey of the wealthiest CEOs in the sector’ study. It still has value, but let’s understand exactly what, and who, they’re measuring.”
Mr. Stamp’s organization conducts its own salary survey based on the compensation of more than 5,200 charities.
You can read more about the methodology of the Chronicle survey by checking out How The Chronicle’s Study of Compensation at Big Organizations Was Compiled.
Do you find surveys of the highest-paid executives useful? Should publications such as the Chronicle examine the compensation of executives at the nation’s largest charities, even though executives at smaller organizations typically make less money? Click on the comments link below this post to share your thoughts.
