Guess How Much the CEOs of These 10 New York Charities Make
The holiday season is officially upon us, or, as it is known in the nonprofit world, the "giving season."
Giving season -- loosely defined as November and December -- is the months when holiday cheer and consumer guilt hit their respective peaks. Mix in the fact that it's also, conveniently, the end of the tax year, and all the elements are in place to create the time of year when charitable giving levels are highest.
For those feeling uncommonly generous right about now, there are resources that can help you decide where your donation will be put to the best use. Charity Navigator is a website that monitors how effectively charities across the country are run.
New York has 661 large charities, according to the organization, the most of any city in the country. The CEOs of New York-based charities also make the most of any city in the country: $190,001, on average.
Three of New York's nonprofits were called out in Charity Navigator's annual study of the highest-paid CEOs of nonprofits nationwide.
1. Kenneth L. Davis, MD, Ichan Medical School Base compensation: $522,500 Bonus & incentive compensation: $630,175 Other compensation: $125,347 Total: $1,305,157
2.Marc Tessier-Lavigne, Rockefeller University Base compensation: $793,478 Other compensation: $364,312 Total: $1,258,703
3. Thomas P. Campbell, Metropolitan Museum of Art Base compensation: $698,789 Total: $1,113,585
Figures are for the most recent year available, usually fiscal year 2011. All three CEOs had housing allowances or residences provided to them as part of their compensation packages.
They're not the only ones raking in dough, though. Here are a seven other extremely well-compensated CEOs of New York charities.
Peter Gelb, Metropolitan Opera Association Base compensation: $1,283,291 Total: $ 1,433,787
Erica V. Futter, American Museum of Natural History Base compensation: $726,910 Total: $1,070,337 (Includes insurance and retirement.)
Glenn D. Lowry, Museum of Modern Art Base compensation: $710,691 Total: $1,822,257 (Includes bonus and incentive pay, travel expenses, health club membership and housing.)
Lorie A. Slutsky, New York Community Trust Base compensation: $663,679 Total: $828,804 (Includes a housing allowance and social club membership.)
Gary Knell, Sesame Workshop Base compensation: $517,038 Total: $958,273 (Includes retirement, a deferred award from 2008, and incentive compensation.)
Steve E. Sanderson, Wildlife Conservation Society Base compensation: $513,417 Total: $1,163,666 (Includes cash allowances, incentive compensation, performance bonuses, benefits and deferred compensation.)
John S. Ruskay, UJA-Federation of New York Base compensation: $494,000 Total: $3,301, 000 (Includes $2,657,000 supplemental retirement benefit. UJA's spokesperson Jane Rubinstein tells the Voice this is deferred compensation accrued over his tenure beginning in 1999, a portion of which needed to be reported in FY 2011 when Ruskay turned 65.)
Send story tips to the author, Tessa Stuart
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