News & Insights

MicroscopeThe Wall Street Journal recently reported that some nonprofit organizations are expecting a closer examination of executive pay. Although senior employees of nonprofits don't receive the enormous bonuses that Wall Streeters do, executive compensation has become a topic of national interest. Charities, including schools, may soon find that closer attention is being paid to the nonprofit sector.

"The train of greater focus on nonprofit executive compensation has left the station, and charity boards better get on, or they're going to suffer greatly for noncompliance," says Michael Peregrine, a partner at McDermott Will & Emery LLP, who advises nonprofits. Nonprofits should start reviewing their pay policies in light of the current political environment, he says. "It just cannot be business as usual."

Theological schools don't have the funds to pay the really big salaries earned even by some nonprofit administrators, like the $1.2 million package paid to the chief executive of the United Way of Central Carolina. (When controversy erupted last fall, board members resigned and she was dismissed.) But theological schools are ultimately accountable to people in pews, many of whom give sacrificially and expect others to do so too. 

Read the Wall Street Journal article here.

Top Topics

Roles & Responsibilities

Challenges

Opportunities

Board Essentials

Upcoming Events

The In Trust Center hosts learning community spaces throughout the year. Check out our upcoming events below.

Conflict + Crisis: Navigating the Shoals, Part 2 – A Deeper Dive

Thursday, February 15, 2024, 1:00 p.m. (ET)

Presenter Donna Alexander, President & CEO of Advoxum Global Strategies, offers best practices for navigating conflict and crisis. She examines the crucial elements of defining conflict and crisis, identifying, and prioritizing affected stakeholders, utilizing effective communication strategies, and ultimately, executing a plan of action. Click here to register.

In Trust Center Resource Grants

FEBRUARY 22, 2024, 1 PM (ET)

An In Trust Center Resource Grant offers member schools a chance to explore innovation at their institutions through a matching grant opportunity of up to $15,000. Join us for this 30-minute information session, including Q&A, as we provide details on eligibility requirements, funding priorities, application process. Previous grantees are eligible to apply as long as they are not within our current funding cycle. Click to register.

Conflict + Crisis: Navigating the Shoals, Part 1

ON DEMAND

Presenter Donna Alexander, President & CEO of Advoxum Global Strategies, offers best practices for navigating conflict and crisis. She examines the crucial elements of defining conflict and crisis, identifying, and prioritizing affected stakeholders, utilizing effective communication strategies, and ultimately, executing a plan of action.

Can’t Find What You’re Looking For?

In Trust Center provides Resource Consulting to our members at no charge. Contact us today and let us guide you to the most helpful resources for your situation.

Contact Us