Do directors of Charity Companies get paid?

Question

My friend decided to quit his job and do charitable causes. He wanted to put up a charity company and get grants. Can he get salary from those grants?

Answer 1

Yes they do - a fairly good sum for most but they have a tough job.

Answer 2

That's where most of the money collected for charities goes; to the salaries of the officers and staff.

Answer 3

Yes it's a really good scam to make money.

Answer 4

There are professionals who work in the non-profit sector. They put in a full days work just like someone who works for a for-profit organization. They should be compensated for their time.

Some organizations, such as Kiwanis, do not have hired help. They are strictly volunteer. It just depends on how the organization is set up.

As for your friend, it depends on how he is set up and how the grantees allow the money they give him to be used.

The IRS may have something to say about it also.

Answer 5

Yes, the staff of charitable organizations receive salaries.