Income Inequality and Non-Profits:

[Brigid]

How income inequality is straining the limited resources of non-profit organizations in these tough times. Interesting piece by David Hoppe, a blooger at NUVO, an alternative weekly here in Indy.

http://www.nuvo.net/blogs/hoppe

[lumberjack_jeff]

1. Exactly right. Worse still is that low tax rates lead to less charitable giving. n/t

[hfojvt]

2. this line was kinda funny

"Every year, an organization called the Nonprofit Finance Fund, supported by the Bank of America Charitable Foundation and the Ford Foundation ..."

Information from our corporate masters.

I always wonder about non-profits. Way back in 1990 I read in a paper that the head of the United Way in Madison, Wisconsin made $70,000 a year. I was making about $11,000 a year, working two jobs.

$70,000 in 1995 is the same as about $108,000 today.

Some people seem to help themselves to a decent slice of pie while they are supposedly "helping" other, less fortunate people.

That blogger writes about inequality between the 1% and the 99%, but the inequality betwen the head of a "non-profit" and those they help can be pretty wide too.

How much do you suppose the head of the "Nonprofit Finance Fund" makes?

[Brigid]

3. Would be interesting to know, wouldn't it?