In addition to large salaries, executives in Boston’s nonprofit art and cultural organizations are receiving perks like bonuses, reimbursement for children’s college tuition, and housing allowances. The organizations say this is the cost of recruiting and retaining the best leaders.
From the story: “‘If I was a donor, I would certainly raise an eyebrow’ about such perks, said Kathy Postel Kretman, director of Georgetown University’s Center for Public & Nonprofit Leadership. ‘In a public charity, the work is mission-driven, and it is not a private business, so with that comes a certain sense of accountability to the public — and these, to me, are beyond reasonable.’”
Read the full story in the Boston Globe.