Richest Nonprofits In The World
When you think of nonprofit organizations, you don’t normally picture people bathing in bathtubs of $100 bills. And it’s true, nonprofit professionals don’t make holiday bonuses that are equivalent to a tasteful yacht. Petty cash isn’t used for wooing clients at Le Cirque (Some CEOs of large nonprofits do take home a hefty salary, but that’s a conversation for another time). But in order to do the work that has become so essential, they do need to rake in massive amounts of revenue to keep programs alive, whether it be through government support, foundation grants, or individual donations. The 2012 Nonprofit Times’ Top 100 ranks top revenue-raising charities in the world, excluding endowments of universities, hospitals, and private foundations. Sorry Bill Gates, this one’s not for you.