Blogs > Employment Transitions Law Blog

Non-Profit Employment Contracts with Six Figure Severance Payments Draw Scrutiny

Wall Street compensation does not appear to be the only target these days as foundations are coming under increased scrutiny.  Handsome severance packages have been provided within the four corners of executive employment agreements.  The Wall Street Journal reports such is the case at the National September 11 Memorial and Museum.  Query whether the net impact of these packages will be a reduction in funding and/or contributions in the non-profit arena.

Second Severance Deal at 9/11 Group