Salaries Rising for Fundraisers at Top Charities - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Salaries Rising for Fundraisers at Top Charities

WASHINGTON (AP/WBOC)- Raising money for charity has become a lucrative line of work.

A new study of 280 nonprofits released Monday by the Washington-based Chronicle of Philanthropy shows nearly 30 top fundraisers have been earning more than $500,000. At least two surpassed the $1 million mark. According to the study, Anne McSweeney, campaign director at the Memorial Sloan Kettering Cancer Center, received $1.2 million, and Sue Feagin, who then held the top fundraising job at Columbia University, earned more than $1 million. The study also noted that both were rewarded with bonuses in part because of the successful fundraising drives they oversaw.

The data is from 2011, the most recent year available.

The increased pay for fundraisers came as nonprofits were seeking to replace money that was lost or declined during the recession. It raises questions for some about how much donated money is going to support a charity's mission.

The study looked at nonprofits that raised more than $35 million each. It found fundraisers at top hospitals and colleges were earning more than fundraisers in the arts, environmental and other nonprofits.

The study also noted that most successful fundraising charities do not necessarily pay the most. The American Red Cross, for instance, which ranked No. 20 on The Chronicle’s list of the nonprofits that raised the most last year, paid its chief development officer a little more than $353,000.

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