$650k for an organization the size of the Red Cross is not nearly as egregious as many of the much smaller non profits where the executives make the same or even more.
Bono's organization? Now there is something to get angry about.
http://www.nypost.com/p/news/nationa...2mBJbqyXgp6YoO
"ONE gives only a pittance in direct charitable support to its causes -- something Borochoff said the average donor might not realize.
The
Bono nonprofit took in $14,993,873 in public donations in 2008, the latest year for which tax records are available.
Of that,
$184,732 was distributed to three charities, according to the IRS filing.
Meanwhile, more than
$8 million was spent on executive and employee salaries."
Read more:
http://www.nypost.com/p/news/nationa...xzz1HGFm8Ja r