Giving to charity is crucial. It helps put food on the table for needy families, provides medicine for the sick, and much more. Most charity or non-profit CEO’s earn less than $150,000 a year. However, many charities pay their CEO’s more than $200,000, $300,000, even $500,000 a year. And, a few non-profit CEO’s even earn more than one million dollars a year. Below are some charities where the CEO is paid more than $1,000,000 a year.
Boy Scouts of America
Every year thousands of American boy scouts learn about team work, good citizenship and community service. They also participate in fund-raising activities such as a selling popcorn. And, some of their hard earned fund-raising efforts help support the salary of the CEO. According to charitynavigator.org, the CEO earns a salary of $1,016,135 a year. Read “Should the CEO of the Boy Scouts Earn A Salary of Over a Million Dollars a Year?” for more insight on this issue.
Evans Scholar Foundation
According to charitynavigator.org, the CEO of the Evans Scholar Foundation makes a whopping $2,049,976. If you aren’t sure what the Evans Scholar Foundation is, it provides “full tuition and housing grants to deserving caddies.” It helps more than 840 hard working caddies each year attend college. The tuition grants are valued at $40,000 to over $150,000. You can read more about the charity on their website here.
New York Philharmonic
A third charity with a CEO who earns more than a million dollars a year is New York Philharmonic. Zarin Mehta, the president, earns $2,649,540 a year. It was founded in 1842 and is the oldest symphony orchestra in the world. As stated on the charitynavigator.org website, it maintains and fosters interest in music. It is a non-profit agency because it holds fundraisers, and accepts plenty of donations. As you can see on it’s website here, it solicits donations on its website.
The Scripps Research Institute
Out of the charities in this list, I would say this non-profit agency CEO is probably the most deserving of his salary. However, it is still considered too high by many charity givers. Richard A. Lemer, the president of the Scripps Institute, earns a salary of $1,024,776 each year. The Scripps Research Institute is one of the country’s largest non-profit research organizations. They provide research for treatment on autoimmune disorders, cardiovascular diseases and more. Most would say the CEO’s salary is too high, considering the doctors who treat the disease only earn about 20% of that or less.
These are four charities where the CEO earns more than a million dollars a year. Curious as to which non-profit CEO’s earn a very high salary? You might take a look at “Charity CEO Salaries: Jobs that Pay Over 500k a Year” and “Nonprofit CEO Salaries: Jobs that Pay Well Over 300k a Year.”