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March 25, 2018

Executive Compensation at UNICEF

by Anne Paddock

UNICEF is one of the most well-known charities in the world. Formed in 1947, UNICEF in the US is based in New York City.  In 2016, the United States Fund for UNICEF raised $553 million – an increase of $53 million more than in 2015 – and most of which came from contributions, gifts, and grants.  Expenses totaled $545 million with the remaining revenue added to the net fund balance which had $114 million at year-end.

According to the IRS Form 990 (2015 for the year beginning July 1, 2015 and ending Jun 30, 2016), The United States Fund for UNICEF employed 285 individuals and spent $29.7 million on compensation related costs which equates to about $104,000 per individual. However, 35 individuals received more than $100,000 in compensation with the most highly compensated listed as follows:

  • $618,244:  Caryl M Stern, President, CEO, and Director
  • $478,421:  Edward G Lloyd, COO, CFO, and Treasurer
  • $360,332:  Samuel Barron Segar, SVP Development
  • $321,782:  Rajesh Anandan, SVP Strategic Partnerships and UNICEF Ventures
  • $305,244:  Lynn Stratford, SVP Programs, Assistant Secretary
  • $274,409:  Martin Rendon, VP Office of Public Policy and Advocacy
  • $264,194:  Richard Esserman, VP Finance and Budget, Assistant Treasurer
  • $257,224:  Helene Vallone-Rafaele, VP Direct and Interactive Marketing
  • $222,310:  Kristen Jones, VP Development
  • $216,691:  William Sherwood, VP Human Resources
  • $211,018:  Leslie Goldman, VP Community Engagement
  • $127,767:  Jose Carbonell, SVP Marketing and Communications (until June,2015)

As illustrated above, $3.7 million in compensation was provided to 12 individuals, of which 7 were men and 5 were women.  The most highly compensated individual was a female.

The United States Fund for UNICEF reports the organization does pay for companion travel.

To read the IRS Form 990 (2015), click here.

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