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Discussion Topic: Module 4 Discussion 1 - Wounded Warrior Case Study & Dan Pallotta Ted TalkModule
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Wounded Warrior Case Study
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Wounded Warrior Case Study
Nonprofit Executive Compensation
The compensation for executives in nonprofit organizations should be regulated. In particular, effective rules and policies should be enacted to regulate executives' compensation to minimize instances like the one that happened at the Wounded Warrior Project. Steve Nardizzi, the chief executive officer (CEO), and Al Giordano, the chief operation officer (COO), were accused of spending over 40% of donations on overhead expenses, such as holding meetings and conferences in luxurious hotels (Chappell, 2016). For example, a policy like “non-distribution constraint,” can prohibit executives from spending money in ways that do not align with the nonprofit organization’s mission (Gee et al., 2023).
Evaluation of Nonprofit Organizations by Third Party
Nonprofit organizations should be evaluated by third-party groups to promote transparency and accountability of how resources are utilized in line with their goals and objectives. For instance, third-party data analysts should be used to assess nonprofit organizations and evaluate whether they are headed in the right direction. They should identif...
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