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Saturday, June 11, 2011

There's Nothing Wrong With Compensating the Board

An article in Friday's Boston Globe reports on State Senator Mark Montigny from New Bedford, who has introduced legislation that would prevent anyone who sits on a non-profit organization's board of directors from collecting a salary.

Montigny's reasoning for the bill is to steer the money towards projects that could be undertaken by the charities and foundations instead of paying the people who oversee the organizations.

Montigny earned a $61,133 salary in 2010 as a state senator according to the Boston Herald. The coomonwealth of Massachusetts is currently dealing with a $1.9 billion budget shortage.

The Board of Directors for any company, non-profit or for-profit, is charged with overseeing its respective organization. In the case of the non-profits, they are in charge of raising funds and making sure those funds are being put to good use. Non-profits have little margin for error and must be careful with how the funds raised are being spent.

The people who run the non-profit organizations make sure the organizations remain viable pieces of the community. It is absolutely right that these organizations compensate the people who sit on the boards and help the communities and the people who live in them.

Senator Montigny, if you really want someone to take one for the team...

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