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Old 01-21-2023, 11:39 AM
retiredguy123 retiredguy123 is offline
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Originally Posted by OrangeBlossomBaby View Post
The president of Tunnel to Towers, Frank Siller, was in real estate, property management, and an entrepreneur, and made a fortune before turning his attention to the charity he founded. He doesn't need a salary from Tunnel to Towers, and so he doesn't take one.

There's also a man who founded a non-prof that I worked for, and he took no salary at all because he was independently wealthy and didn't need money. This was a passion of his, and he was retired from his career.

Some charities need their CEOs and Presidents to be full-time, and this is their career. The CEO of the American Cancer Society gets $700,000 and change in salary, and more compensation in a package that brings his income up to well over a million bucks a year. I don't see a problem with that. It's a drop in the bucket compared to how much they bring in.
According to Google, Frank Siller has a net worth of only one million dollars. He works fulltime on the Tunnel to Towers charity. Also, none of the people who manage the charity receive any compensation.