The furor over big bonuses at American International Group Inc. and other Wall Street firms is prompting nonprofit organizations to brace for more scrutiny of their executive pay practices.No word yet from the Modern Language Association on this one.
Though they haven't received taxpayer bailouts, charities benefit from billions of dollars in subsidies through their tax-exempt status, which could expose nonprofit leaders to the same level of scrutiny that executives at subsidized financial firms are facing.
Friday, March 27, 2009
Pay at Nonprofits Gets a Closer Look
The Wall Street Journal reports:
