> Bonuses? Are directors allowed to receive bonuses in a not-for-profit
>organization?
The short answer is "yes." Basically, a not-for-profit -- more
specifically, a charity -- has to be careful not to pay a manager more
than the market would bear, and it can't make deals by which insiders
receive assets at less than market value, but there isn't any restriction
on giving somebody a little extra at the end of the year and calling it a
bonus. If anyone is interested I can refer them to the experts on this,
among whom I am emphatically not one.
Andy Finch
AAM Government Affairs
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