http://blogs.reuters.com/felix-salmon/2009/09/30/philanthrocrat-of-the-day-propublica-edition/ A slice of lime in the soda Thu, 23 May 2013 20:58:00 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/felix-salmon/2009/09/30/philanthrocrat-of-the-day-propublica-edition/comment-page-1/#comment-7496 journalist guest Sat, 03 Oct 2009 03:49:22 +0000 http://blogs.reuters.com/felix-salmon/2009/09/30/philanthrocrat-of-the-day-propublica-edition/#comment-7496 Actually, the Propublica tax document indicates total expenses for 2008 were just $6.1 million including salaries. That means Paul Steiger and Stephen Engelberg, with a million betwen the two of them, took home a sixth of it, or 16 percent of the total expenses. Who would donate to a non-profit with that ratio? Actually, the Propublica tax document indicates total expenses for 2008 were just $6.1 million including salaries. That means Paul Steiger and Stephen Engelberg, with a million betwen the two of them, took home a sixth of it, or 16 percent of the total expenses.
Who would donate to a non-profit with that ratio?

]]> http://blogs.reuters.com/felix-salmon/2009/09/30/philanthrocrat-of-the-day-propublica-edition/comment-page-1/#comment-7466 guest Fri, 02 Oct 2009 17:14:59 +0000 http://blogs.reuters.com/felix-salmon/2009/09/30/philanthrocrat-of-the-day-propublica-edition/#comment-7466 The entire annual budget based on the Sandlers grant is about $10 million. That means two guys are pulling 10% of the company's annual budget. That's bananas. Even if they each made $300k, think of how much more journalism they'd be able to pay for. Completely irresponsible, especially for Steiger who's already loaded from his time at the WSJ. The entire annual budget based on the Sandlers grant is about $10 million. That means two guys are pulling 10% of the company’s annual budget. That’s bananas. Even if they each made $300k, think of how much more journalism they’d be able to pay for. Completely irresponsible, especially for Steiger who’s already loaded from his time at the WSJ.

]]> http://blogs.reuters.com/felix-salmon/2009/09/30/philanthrocrat-of-the-day-propublica-edition/comment-page-1/#comment-7330 Dick Tofel Wed, 30 Sep 2009 21:34:26 +0000 http://blogs.reuters.com/felix-salmon/2009/09/30/philanthrocrat-of-the-day-propublica-edition/#comment-7330 Readers may be interested to read the entire relevant graf from Felix's first link here: Journal managing editor Paul Steiger received a base salary of $547,692, up slightly from his salary of $528,327 in 2005. Steiger’s total compensation, including stock options and option awards, was $1.38 million, up from just more than $1 million in 2005. ProPublica does not offer incentive compensation. Readers may be interested to read the entire relevant graf from Felix’s first link here: Journal managing editor Paul Steiger received a base salary of $547,692, up slightly from his salary of $528,327 in 2005. Steiger’s total compensation, including stock options and option awards, was $1.38 million, up from just more than $1 million in 2005.
ProPublica does not offer incentive compensation.

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