Who Says Working In Nonprofits Is No Way to Get Rich?
Bonuses are, like company cars, corner offices, and a key to the executive washroom, perks typically associated with the corporate world. But according to the Las Vegas Sun, if the University of Nevada, Las Vegas, can complete successfully its seven-year, $500 million fundraising campaign, a pair of university officials will walk away with a nice chunk of extra change in their pockets:
The campaign’s success will be one of the objectives that Bill Boldt, vice president for advancement, must achieve to get his hands on a $25,000 performance bonus.
And former President Carol Harter stands to earn an extra $250,000 if the school hits the $500 million mark. Harter serves as executive director of the Black Mountain Institute, a literary think tank at UNLV that depends largely on private donations.
I’d assume that UNLV’s trustees not only are aware of these incentives but also approved them. Kind of leaves me feeling a little icky, to tell you the truth. | 501(c)
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