Staffing, Salaries & Benefits

Always a controversial topic, the issue of whether to pay foundation board members is likely to get even more attention. The precipitous decline in foundation assets has everyone trying to make the most effective use of their resources.
The Internal Revenue Code provides excise tax penalties that can be imposed by the Internal Revenue Service whenever unreasonable or excessive compensation is paid to high-level employees of charitable organizations. Over and above any legal requiremen
The Council receives numerous inquiries each year about the amount of compensation paid to directors or trustees (members of the governing board) of foundations.

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