Executives who lead fundraising efforts at the nation's largest nonprofit healthcare organizations continue to rake in top-of-the-line salaries, according to a report from The Chronicle of Philanthropy.
Anne McSweeney, director of the Office of Development at Memorial Sloan-Kettering Cancer Center in New York City, earned more than $1.2 million in 2011, which was actually down from 2010 when she made $1.4 million.
Several other top hospital fundraising executives made more than $500,000 per year, according to the report. Steven Rum, vice president for development at Johns Hopkins Medicine in Baltimore, said an "arms race" has proliferated in the hospital philanthropy world. "I lost five people to an institution a mile away, predicated on one thing: money," he told The Chronicle of Philanthropy.
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