Cosponsored with Venable LLP: Top Trends and Traps in Nonprofit Executive Compensation
June 4, 2015
12:30 p.m.-2:00 p.m. ET
It is increasingly important for nonprofit, tax-exempt entities to move beyond the basics of compliance and governance to develop greater sophistication in how the board and management work together to administer all aspects of the organization’s executive compensation program. The consequences of providing executives with excessive compensation or benefits can include adverse public perception (particularly with an increasingly public and ever-expansive IRS Form 990), revocation of tax-exempt status, substantial monetary penalties on the executives and insiders who receive (and approve) excess benefit transactions, unwanted enforcement actions by state Attorneys General, and scrutiny and criticism by those on the opposite side of your organization’s issues. But providing too little compensation may not attract and retain the level of talent and experience that an organization needs to grow to its full potential and effectively carry out its nonprofit mission. This program features a panel of some of the country’s leading professionals in nonprofit executive compensation—from the legal and tax side, the compensation consulting side, and the executive search side—who will walk you through the top ten current traps and trends in this area.
Presenters: Jeffrey S. Tenenbaum, Esq., Partner and Chair of the Nonprofit Organizations Practice, Venable LLP (moderator); Matthew T. Journy, Esq., Counsel, Venable LLP; Charles W. Quatt, Ph.D., President and Founder, Quatt Associates; Denise Grant, Managing Director, Russell Reynolds Associates
Learn more and register