>Would you rather pay a CEO $100k to bring in $1million in charity funds, or pay a CEO $1million to bring in $5million in charity funds?
Personally I'd rather pay five CEOs $100k each to bring in $5million, than one CEO double that for the same net effect.
There is only so much money people will give to charity in a given year. It's entirely possible that the larger charities with higher expense ratios starve out smaller charities that are more efficient at spending the money the receive, so the net effect is worse.
Personally I'd rather pay five CEOs $100k each to bring in $5million, than one CEO double that for the same net effect.
There is only so much money people will give to charity in a given year. It's entirely possible that the larger charities with higher expense ratios starve out smaller charities that are more efficient at spending the money the receive, so the net effect is worse.