I was planning to donate the couple bucks I had left over from the year to the charity called “San Diego Zoo Wildlife Alliance”, I was doing a background check on CharityNavigator and they gave the charity full ratings so it seemed good.
Then I stumbled upon the salary section. What the fuck? I earn <20k a year and was planning to contribute to someone’s million dollar salary? WHAT.
Yeah, it’s a tough call to make. It’s like those car donation things. Like 90% of your car’s value goes to the company managing the sale, but that’s still 10% to the charity that they wouldn’t have anyway. Unless you want to deal with selling your own car, and giving the charity the money, it still does some good.
I suspect a $1M salary isn’t too insane for a CEO if they bring tangible value to the company. Also, with a lack of shareholders to answer to like in a publicly traded company, their motivations probably align with the cause they’re supporting. It’s not like they’re going to sell off a shitload of assets to bump stock price and escape with a golden parachute.