In Foundations

Micronews on philanthropy.

Truths About Leading A Foundation

From the Grand Rapids Community Foundation:

The [President Diana] Sieger Truths about leading a foundation:

  • Foundation leaders do not have all the answers 
  • Foundation leaders do have access to resources and need to use them wisely
  • Foundation leaders do need to be leaders and not just “position holders”
  • Foundation leaders do need to be active listeners

Full post here.

Filed under: executives, lessons, news

NYP: Nonprofit Execs Still Get Big Bucks

From the New York Post:

City- and state-funded cultural institutions are cutting programs and slashing staff – even “firing” the Bronx Zoo’s porcupine – and yet their CEO pay packages would make Wall Streeters blush.

The American Museum of Natural History, citing a budget crunch, laid off 50 workers last week, but its president . . . gets more than $1 million in compensation. And her perks include an Upper East Side apartment and a full-time maid, The Post has learned.

Full article here.

Via Chronicle of Philanthropy.

Filed under: executives