Are Foundation CEO Salaries Too High? (Opinion)

Plus, the Barr Foundation awards $34.9 million to New England nonprofits; and an animal-trauma center cares for rescues and working animals ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. OPINION [Foundation Compensation: When Are CEO Salaries Too High?]( By Craig Kennedy [STORY IMAGE]( Without checks and balances, scrutinizing and challenging foundation leaders’ million-dollar paychecks is nearly impossible. ADVERTISEMENT GRANTS ROUNDUP [Barr Foundation Awards $34.9 Million to New England Nonprofit Groups]( By M.J. Prest [STORY IMAGE]( Also, Price Philanthropies gave $10 million to accelerate training for mental-health professionals in California, and Girls Who Invest received $2 million to recruit more women and nonbinary people for careers in the investment-management industry. MEDICAL CARE FOR PETS [N.Y.’s Nonprofit Animal Trauma Center Offers Charity Care for Rescues and Working Animals]( By Thalia Beaty, Associated Press [STORY IMAGE]( While most patients pay out of pocket, the Animal Medical Center offers multiple efforts to cover charity care, especially for rescue animals and working dogs. WEBINARS [April 18 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Affluent donors continue to take advantage of donor-advised funds. To better understand the motivations and giving preferences of those who hold these accounts, join us for How DAF Donors Are Giving Away Their Money. We’ll share insights to help you better connect with donors who give this way, and you’ll learn how nonprofits are successfully attracting contributions through DAFs. SPONSOR CONTENT | Twilio [Why the Nonprofit Funding Model Needs an Overhaul]( ONLINE FORUMS [April 23 at 2 p.m. ET | Register Now]( [STORY IMAGE]( Join the Chronicle and a panel of nonprofit experts for the free online forum Using A.I. to Streamline Nonprofit Operations. Our guest experts will share practical examples of the latest A.I. applications and advice on how to manage the rapid pace of A.I.-driven change. Don’t miss this chance to learn how harnessing smart tools can introduce efficiencies and help increase productivity at your organization. SUBSCRIBE TO THE CHRONICLE [Chronicle of Philanthropy Subscription] Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. Nonprofit News From Elsewhere Online Silicon Valley philanthropist Nicole Shanahan will be Robert F. Kennedy Jr.’s running mate in his independent bid for the presidency. Kennedy said he picked Shanahan, who has no political or executive experience, in part for her interest in health issues and knowledge of the tech industry. The former wife of Google co-founder Sergey Brin, Shanahan has put millions of dollars into research on women’s health, climate change, and criminal-justice reform. ([USA Today]( Background from the Chronicle: [Nicole Shanahan Gives $100 Million for Reproductive Research and Other Causes]( A judge in Texas has temporarily blocked state Attorney General Ken Paxton’s demands for records from PFLAG, a national nonprofit supporting the families of LGBTQ people, as part of Paxton’s effort to enforce a state ban on gender-affirming care for minors. The injunction will stay in place until the resolution of a trial in the case, which is slated to begin in June. ([NBC News]( More News - WBUR Offers Employee Buyouts to Help Cut 10 Percent of Budget ([Boston Globe]( - Will and Jada Pinkett Smith’s Charity to Close After Oscars Slap: Donations Sink; Thousands Spent on Elusive Mental Health Orgs and Overdrawn Bank Fees ([Variety]( - San Francisco Nonprofit Rocked by Scandal, Solvency Issues to Repay Millions It Owes City ([San Francisco Standard]( - UC San Diego Gets $25 Million Gift to Help Build Colorful, 6-Story Alumni Center in the Middle of Campus ([San Diego Union-Tribune]( - In New Orleans, a Pioneering Nonprofit Newsroom Ponders a Future Beyond Its Founder ([Poynter]( - They Save Baby Seals From Fishing Line and Plastics. Millions Watch. ([New York Times]( - ‘Reef Stars’ Restored Indonesia’s Blast-Damaged Corals in Just Four Years ([Grist]( Nonprofit Hospitals - Tax Breaks Exceed Community Care Spending at Large Majority of Nonprofit Hospitals: Report ([Healthcare Dive]( - Report Says Tax Breaks for Minnesota Hospitals, Including Mayo, Outweigh Community Benefit ([Star Tribune]( - Two New York Hospitals Have Largest Gaps Between Tax Breaks and Charity Care Nationwide ([Crain’s New York Business]( subscription) Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup. SPONSOR CONTENT | Independent Sector [Championing Equity: Reflections from Emerging Leaders in the NGen Fellows Program]( For these emerging leaders, the NGen Fellows Program wasn't just about personal growth—it was about reshaping power dynamics, championing diversity, equity, and inclusion, and driving impactful change in the communities they serve. EDITOR'S PICKS GRANT MAKING [More Than Two-Thirds of Foundations Don’t Make Endowment Grants]( By Alex Daniels [STORY IMAGE]( Endowments are a key tool for nonprofit longevity, but few foundations provide funding for this form of sustainability. OPINION [Endowments Can Power Racial Justice Groups — if Only Philanthropy Would Fund Them]( By Cora Daniels [STORY IMAGE]( Giving to endowments helps groups led by people of color build long-term financial stability. But two new studies show the practice is rare. TRENDS [A New Slate of Community Foundation Leaders Want to Leave a Mark]( By Alex Daniels [STORY IMAGE]( Dozens of community foundations have new presidents. The group is turning well-capitalized philanthropies into players in progressive policy battles across the country. ADVERTISEMENT RECOMMENDED WEBINAR [Join our webinar]( — It’s an age-old problem: many nonprofit CEOs and senior leaders struggle to persuade board members to raise money — even though trustees care deeply about the nonprofits they serve. Experts cite a variety of reasons, including the need to define roles and responsibilities when recruiting board members. What does it take to create a vibrant culture of fundraising among board members? Join us on Thursday, May 9, at 2 p.m. Eastern to learn from our expert guests as they share proven ways to solve this perennial challenge. [Register now.]( JOB OPPORTUNITIES [Apply today](. 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