Foundation pay: Doing Good and Doing Well
by charles | Comments are closed11/15/2009
Foundation pay: Doing Good and Doing Well
The world’s largest private foundation, the Gates Foundation in Seattle, is paying its new CEO nearly $1 million per year. Jeffrey Raikes was an early Microsoft employee who rose to the number three job in the company and, according to Forbes, was personally worth $490 million as of 2003.
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