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Tuesday, April 03, 2007

Tid Bit On Nonprofit Compensation

Reminiscent of the Getty's troubles: Have you heard the news about the head of the Smithsonian Institution?

"The Senate passed a non-binding amendment to the budget resolution that would freeze a $17-million increase for the Smithsonian until it undergoes a series of ethics and accountability reforms, including requirements that no Smithsonian employee be paid more than the President of the United States, and that all travel expenditures conform with federal government guidelines.

While the amendment may be dropped in the final version, it provides an indication of some lawmakers’ thinking on nonprofit executives’ compensation."

Again, thanks Independent Sector


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