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Posts tagged ‘Timothy R Shriver’

28
Mar

Executive Compensation at the Special Olympics

Rarely is there a disagreement about the importance of funding the Special Olympics but yesterday, Betsy DeVos, the Education Secretary proposed cutting $17.6 million in government assistance to the organization next year, asserting that the non-profit is better supported by philanthropy.  Before anyone makes up their mind about this issue, they should know the financial facts about the organization, which include revenue, expenses, executive compensation, and the fund balance (which many refer to as the endowment) and ask if the Special Olympics needs the government contributions? Read more »