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Hospitals, health, adoption and hockey charities believe charity begins at home.
Ottawa (16 April 2010) - Charity pays – if you are a top executive lucky enough to run one of Canada's big-name charitable organizations.
Charities attract generous support from Canadians through individual donations. They are financed by governments that grant them tax-exempt status, which costs taxpayers billions annually in foregone revenue.
The Toronto Globe and Mail has just published a list of the charities lavishing big bucks on top executives. The figures, from Canada Revenue Agency filings in 2009, show the following:
$350,000 or more:
- The Hospital for Sick Children, Toronto
- St. Michael's Hospital Foundation, Toronto
- York University Foundation
- Princess Margaret Hospital Foundation, Toronto
- Montreal General Hospital Foundation
$300,000 to $350,000:
- Mount Sinai Hospital Foundation, Toronto
- Plan International Canada (formerly Foster Parents Plan)
- Heart & Stroke Foundation of Ontario
- YMCA of Greater Toronto
$250,000 to $300,000:
- Toronto General & Western Hospital Foundation (4 people)
- British Columbia's Children's Hospital Foundation
- VGH and UBC Hospital Foundation, Vancouver
$200,000 to $250,000:
- Canadian Cancer Society, Ontario Division
- Heart & Stroke Foundation of Canada
- World Wildlife Fund Canada
- Salvation Army Territorial Headquarters
- Hockey Hall of Fame and Museum
- Canadian Red Cross
Albina Guarnieri, Liberal MP for the Toronto area riding of Mississauga East-Cooksville, has introduced a private member's bill in the House of Commons that would restrict such salaries to a maximum of $250,000 a year. It is to come up for a vote later this month.
She was prompted to introduce it after learning that $2.7 million was paid in salary and severance last year to the head of the SickKids Foundation.
NUPGE
The National Union of Public and General Employees (NUPGE) is one of Canada's largest labour organizations with over 340,000 members. Our mission is to improve the lives of working families and to build a stronger Canada by ensuring our common wealth is used for the common good. NUPGE
More information:
• Bill would limit charity salaries to $250,000 a year