Grassley Finds Details on Executive Comp Hard to Get from NYU

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 17. July 2013 11:45
When a former top executive for New York University (NYU) nominated for Treasury secretary was questioned at his confirmation hearing about his compensation (in particular, his parting bonus) and subsidized mortgages, Senator Chuck Grassley raised concerns that these payments by a nonprofit were inappropriate, considering its exemption from income and property taxes. According to a recent New York Times article, Grassley asked for more details and, several months later, has not received the detailed information he is seeking from NYU. [More]

Report Shows Pay Increases at Foundations Slowed in 2012

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 12. July 2013 11:56
Each year, the Council on Foundations completes a survey of compensation in grant-making organizations. The most recent report on 2012 salaries includes responses from 893 organizations for over 7,600 full time employees in 34 different positions. The data show that pay increases for foundation employees grew at a slower rate last year than they did in 2011 and 2010. [More]