I thought that was the point of non profits, you gotta funnel money to the people running it or you get looked at like a failure by the other oligarchs.

[–] hector@lemmy.today 3 points 4 hours ago

The ivy league swells, oligarchs, see nonprofits simply as patronage and prestige, getting their intimates positions on boards or the like getting a half million to attend a few meetings and looking like a philanthropist.

Meanwhile their stated missions are neglected. If you want to donate to charity, do it directly. Going through a nonprofit is handing 90 percent to the intimates of the ruling class, for them to look good.

[–] Prove_your_argument@piefed.social 31 points 15 hours ago (2 children)

I can't comprehend why the highest executive at one of these places would get paid more than 250k. It's a nonprofit in fucking ohio, MCOL in cities at best, LCOL in huge swaths of the state.

They wield tremendous power. Nonprofits should not be tools for oligarchs to shelter assets and defraud the public, but they are all over the US and probably the world.

[–] frongt@lemmy.zip 17 points 15 hours ago (1 children)

Because that's the going rate for CEOs. Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.

Which is all really terrible because no CEO is worth that much. They only get paid that much because big corporations have absurd amounts of money, and the people in charge of setting salaries have no restriction on paying themselves that much.

[–] iloveDigit@piefed.social 22 points 15 hours ago (1 children)

Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.

How is that a problem?

Why not hire someone like me instead of someone that wants capitalist omnicide?