Nancy Brinker, founder and chief executive of Susan G. Komen for the Cure, took home $417,000 in salary in 2010, according to financial documents posted on the charity’s Website, and paid 50 top executives more than $100,000 each.
What the Dallas-based foundation spent on staff and administrative expenses included $20 million for advertising and promotion, $14 million for “office expenses’’ and more than $14 million for consulting and professional services. Another $7 million was spent on contract labor and $3 million for travel. Komen officials did not return calls and emails seeking comment on Monday.
Brinker, who also serves on Komen’s board of directors, traveled first class on airlines with the explicit permission of the board she chairs.
The expenses are disclosed in financial reports on the charity’s website. Komen operations have been under intense scrutiny since last week when a plan to stop giving grants to Planned Parenthood triggered blistering criticism of Komen’s leadership.
James Abruzzo, a management and global business instructor at Rutgers Business School, said the picture that emerges from the Komen documents does raise concerns, however.
The fact that Komen is making severance payments to four top executives is a cause for concern about the way the organization is run, Abruzzo said.
As for Brinker’s salary and first-class travel, while it may be deserved, it probably sends the wrong message to potential donors, he added.
“When you’re trying to raise money from other people, it sends a bad signal," he said.
Read the full article