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Posts tagged ‘Thomas Merchant’

19
Oct

20 Employees at St Jude Take Home $100 Million in Compensation

20 of the most highly compensated employees at St Jude in 2024 received more than $100 million in compensation from 2017-2024.  It is important to note St Jude is actually two organizations:

  • St. Jude Children’s Research Hospital (St Jude): the 73-bed children’s hospital with more Han 7,300 employees that provides research and medical care; and
  • American Lebanese Syrian Associated Charities (ALSAC): the fundraising arm; an organization with 2,100 employees that exists to raise funds for St. Jude’s

Although most non-profits do not separate fundraising from services, St. Jude’s does,:  St. Jude relies on ALSAC for the majority of it’s revenue and has a beneficial interest in the organization. Read more »

15
Oct

Executive Compensation at St Jude (2024)

When people think of St. Jude’s, they often associate the organization with the children’s research hospital but St Jude’s is actually two organizations:

  • St. Jude Children’s Research Hospital (St Jude): the 73-bed children’s hospital with 7,374 employees that provides research and medical care; and
  • American Lebanese Syrian Associated Charities (ALSAC): the fundraising arm; an organization with 2,100 employees that exists to raise funds for St. Jude’s

Although most non-profits do not separate fundraising from services, St. Jude’s does, so both organizations need to be analyzed because St. Jude’s relies on ALSAC for the majority of it’s revenue and has a beneficial interest in the organization. Read more »